{"id":20647,"date":"2022-02-02T17:34:45","date_gmt":"2022-02-02T12:04:45","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-kigsl\/"},"modified":"2022-02-02T17:34:45","modified_gmt":"2022-02-02T12:04:45","slug":"biz-kigsl","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-kigsl\/","title":{"rendered":"KGiSL okays demerger of 2 divisions"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1715689821\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>  Coimbatore, Feb 2 (PTI) City-based KG Information Systems Private Limited (KGiSL) has approved the de-merger of its Global Software Services (GSS) and Business Support Services (BSS) divisions.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2606150658\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>   After the demerger, the two divisions would be different, independent entities. KiGSL said it took this decision so that the divisions can unlock their potential and pursue growth.<\/p>\n<p>  \u201cThe organisation has been growing multi-fold over the years and with the current business prospects emerging post-the-pandemic era, it becomes important that the software and business support businesses will require greater focus. I am confident that this demerger will empower both the entities to actively pursue their growth strategies independently and unlock their true potential. We continue to stay committed to both the businesses and long-term value creation,\u201d managing director of KGiSL Dr Ashok Bakthavathsalam said here on Wednesday.<\/p>\n<p>  KGiSL is a multi-product enterprise software company focussed on banking, insurance, capital markets and wealth management segments. PTI NVM NVG   NVG<\/p><div class=\"trade-content_5\" id=\"trade-986278081\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<div class=\"trade-after-content\" id=\"trade-3334147122\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Coimbatore, Feb 2 (PTI) City-based KG Information Systems Private Limited (KGiSL) has approved the de-merger of its Global Software Services (GSS) and Business Support Services (BSS) divisions. After the demerger, the two divisions would be different, independent entities. KiGSL said it took this decision so that the divisions can unlock their potential and pursue growth. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-20647","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>KGiSL okays demerger of 2 divisions - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-kigsl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KGiSL okays demerger of 2 divisions\" \/>\n<meta property=\"og:description\" content=\"Coimbatore, Feb 2 (PTI) City-based KG Information Systems Private Limited (KGiSL) has approved the de-merger of its Global Software Services (GSS) and Business Support Services (BSS) divisions. After the demerger, the two divisions would be different, independent entities. KiGSL said it took this decision so that the divisions can unlock their potential and pursue growth. 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After the demerger, the two divisions would be different, independent entities. KiGSL said it took this decision so that the divisions can unlock their potential and pursue growth. 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