SIS acquires controlling stake in Bangalore-based Uniq
New Delhi
17-December-2018
Security services provider Security and Intelligence Services (SIS) on Monday announced the acquisition of majority stake of Bengaluru-based Uniq Detective and Security Services.
SIS bought 51 per cent stake in Uniq Detective and Security Services, and according to sources, the deal has been finalized at Rs 200 crore.
"SIS announced a strategic partnership with Uniq Detective and Security Services Pvt Ltd headquartered in Bengaluru, by signing a definitive agreement to take a 51 per cent stake in Uniq in the first tranche," SIS said in a statement on Monday.
Share price of SIS on the BSE settled at Rs 772 per share on Monday, higher by Rs 6.95 or 0.91 per cent from the previous close.
-IANS
More Headlines
Shiv Sena-UBT Hits Back At BJP Amid Attacks On Hindi-Speaking Individuals
Shiv Sena (UBT) Hits Back at CM Fadnavis Over ‘Rudaali’ Remark on Uddhav’s Rally Speech
Chennai Beats Delhi and Mumbai in Paying Freshers—Here’s How Much They Earn!
Are Wedding Outfits Wasted? Arjun Vaidya’s Viral Post Questions Ethnicwear Habits
Ultra-Luxury Housing Booms in NCR as Rs 50 Crore+ Home Sales Soar 2,550%
Shiv Sena-UBT Hits Back At BJP Amid Attacks On Hindi-Speaking Individuals
Shiv Sena (UBT) Hits Back at CM Fadnavis Over ‘Rudaali’ Remark on Uddhav’s Rally Speech
Chennai Beats Delhi and Mumbai in Paying Freshers—Here’s How Much They Earn!
Are Wedding Outfits Wasted? Arjun Vaidya’s Viral Post Questions Ethnicwear Habits
Ultra-Luxury Housing Booms in NCR as Rs 50 Crore+ Home Sales Soar 2,550%