Equippp Social Impact Technologies touches roof on acquiring 65% stake in Three Point 0 Labs Technologies
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Equippp Social Impact Technologies is currently trading at its upper circuit limit of Rs. 29.66, up by 1.41 points or 4.99% from its previous closing of Rs. 28.25 on the BSE.
The scrip opened at Rs. 29.60 and has touched a high and low of Rs. 29.66 and Rs. 29.60 respectively. So far 10043 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 57.45 on 09-Jan-2023 and a 52 week low of Rs. 23.65 on 03-Nov-2023.
Last one week high and low of the scrip stood at Rs. 29.66 and Rs. 25.90 respectively. The current market cap of the company is Rs. 305.78 crore.
The promoters holding in the company stood at 96.67%, while Non-Institutions held 3.33% stake in the company respectively.
Equippp Social Impact Technologies has completed the acquisition of 65% of the paid-up share capital of Three Point 0 Labs Technologies. Pursuant to completion of this acquisition, Three Point 0 Labs Technologies becomes a subsidiary of Equippp Social Impact Technologies with effect from January 6, 2024.
This acquisition will enable advancement of business to offer various services including EQUIPPP IP led and other tech services to local bodies, governments, large corporates, Social Stock Exchange ecosystem etc. in India and to entities in global markets like USA, to attract domain expertise to enter into strategic alliances like tech4equity etc.
Equippp Social Impact Technologies has a database of projects selected across sectors and geographies started by Individuals and Organizations.
