Multibagger products and solutions provider that helps enterprises accelerate their footprint and customer experience, hits 2 percent lower circuit in the day’s trade after it sells its entire stake in Aurionpro Solutions W.L.L to Indofin International LLC.
In the day’s trade the shares of Trejhara Solutions Limited hit 2 percent lower circuit at Rs. 146.80 and its market capitalization is Rs. 173 Crores.
As per the company’s filing, the board of directors of Trejhara Solutions Limited have considered and approved the sale of its entire stake in Aurionpro Solutions W.L.L to Indofin International LLC for a consideration of upto USD 6.5 million.
The deal for the sale of its entire stake in Aurionpro Solutions W.L.L shall be completed within a period of 90 days.
It has delivered multibagger returns of 109 percent in a year and 141 percent in the last six months. A shareholders investment of Rs. 1 Lakh would be worth Rs. 2.09 Lakh in a year.
The company’s revenue grew 17.78 percent from Rs. 58.37 Crores in FY22 to Rs. 68.75 Crores in FY23, accompanied by profit of Rs. 10.96 Crores in FY22 to a loss of Rs. 299.13 Crores.
According to the latest shareholding data available for the September 2023 quarter, the company’s Promoters hold 30 percent stake, the Domestic Institutional Investors hold 0.22 percent and the Foreign Institutional Investors (FII) hold 0.03 percent.
Trejhara Solutions Limited is a technology products and solutions provider that helps enterprises accelerate their footprint and customer experience, digitally, securely and efficiently.
Written by: Bharath K.S
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