Digicomp Solutions

Allied Digital to acquire majority stake in Digicomp Solutions; Stock gains 7%

Allied Digital Services plans to acquire a majority stake in Bangalore-based IT solutions and maintenance company, Digicomp Solutions.

The company will buy existing equity shares of Digicomp and will also subscribe to fresh equity shares of Digicomp for Rs 20 crore.
The remaining 49% in Digicomp will be held by five partners.

Mumbai-based, Allied Digital Services Ltd. operates as an information technology (IT) infrastructure management and technical support services outsourcing company in India.