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Saravan Stocks
BSE NSE As on : 18-Apr-2024
Carborundum Uni.
Carborundum Universal will hold a meeting of the Board of Directors of the Company on 3 May 2024.
Hindustan Construction Company has appointed Girish Gangal as Chief Financial Officer with effect from 18 April 2024. He replaces Rahul Rao who resigned on 18 April 2024.
Tata Inv.Corpn.
Tata Investment Corporation has postponed the meeting of the Board of Directors which was scheduled to be held on . The meeting will now be held on 24 April 2024.
ITC announced that its wholly owned subsidiary - ITC Infotech India has entered into a share purchase agreement for acquisition of 100% of the share capital of Blazeclan Technologies. The total consideration is up to Rs 485 crore including contingent consideration which is subject to achievement of prescribed targets.

Blazeclan is a born-in-the-cloud consulting company providing cloud services on AWS, Azure and GCP, and has been recognized as a Niche Player in the 2023 Gartner® Magic Quadrant for Public Cloud IT Transformation Services.

This acquisition is expected to augment ITC Infotech's capabilities to service its customers in a multi-cloud and hybrid cloud environment with focus on the Partner eco-system to accelerate future growth.

The acquisition is expected to strengthen ITC Infotech's commitment to helping clients navigate their digital transformation journey and deliver business outcomes built on the foundation of strong Cloud capabilities.

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