SAR Televenture Limited, a leading network infrastructure company listed on NSE, has announced that its Board has approved the share swap for acquisition of a majority stake in Tikona Infinet Limited, a prominent internet service provider, for a total consideration of Rs. 578 crore. The acquisition has been structured as a share swap, with Tikona’s shareholders receiving shares in SAR Televenture as part of the share purchase agreement. SAR Televenture acquires Tikona Infinet This acquisition marks a strategic milestone for SAR Televenture as it gains a strong foothold in the…
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