CMS Info Systems Raises Stake in Securens Systems to 100%; Shares Plunge 4%

MT Newswires Live

03/10

CMS Info Systems (BOM:543441) has increased its stake in Securens Systems to 100% by acquiring 25,639 compulsorily convertible preference shares of Securens at 158.41 rupees per share, according to an Indian bourse filing on Monday.

Shares of the company fell nearly 4% in Tuesday's trade.

Following the transaction, CMS Info Systems' shareholding in Securens stands at 100% on a fully diluted basis. The investment is aimed at expanding the company's Vision AI-related offerings, CMS Info said.

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The investment is aimed at expanding the company's Vision AI-related offerings, CMS Info said.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CMS","symbol_name":"CMS能源","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2618899819","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618899819","pubTimestamp":1773124349,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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