C.E. Info Systems trades marginally higher on getting nod to make investment of Rs 2 crore in Iwayplus
CE Info Systems is currently trading at Rs. 1552.20, up by 4.50 points or 0.29% from its previous closing of Rs. 1547.70 on the BSE.
The scrip opened at Rs. 1549.00 and has touched a high and low of Rs. 1567.05 and Rs. 1549.00 respectively. So far 123 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2165.00 on 16-May-2025 and a 52 week low of Rs. 1542.00 on 3-Mar-2025.
Last one week high and low of the scrip stood at Rs. 1703.50 and Rs. 1545.00 respectively. The current market cap of the company is Rs. 8502.93 crore.
The promoters holding in the company stood at 51.36%, while Institutions and Non-Institutions held 17.70% and 30.93% respectively.
C.E. Info Systems has received approval to make an investment of Rs 2 crore in the form of Compulsorily Convertible Preference Shares (CCPS) in one or more tranches, to acquire 6.06% stake on fully diluted basis in Iwayplus which is an indoor navigation start-up.
The proposed investment is part of the company’s strategic initiatives to support innovative technologies and enhance the business portfolio of the company. The said transaction is expected to be completed within period of 3 months. The Board of Directors of the company at their meeting held on January 12, 2026 has approved the same.
C.E. Info Systems is India’s leading advanced digital maps and deep-tech Company, popularly known in India as MapmyIndia and globally as Mappls.
