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MPHASIS LTD. - Mphasis transfers significant portion of its domestic India business to Hinduja Global Solutions
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30 Jun 2015
Mphasis Ltd has informed BSE that the Company, in line with its strategy to optimize the portfolios and focus on its core offerings, has on June 30, 2015 executed a definitive agreement for sale of a significant portion of the domestic India business to Hinduja Global Solutions Limited, Mumbai (hereinafter referred to as &quot;Transaction&quot;).&lt;BR&gt;&lt;BR&gt;The completion of the Transaction is subject to fulfillment of closing conditions. In this regard, the Company has submitted to BSE a copy of Press Release dated June 30, 2015, titled &quot;Mphasis transfers significant portion of its domestic India business to Hinduja Global Solutions&quot;.
View all announcements for MPHASIS LTD. Source: BSE India