Friday, 24 April 2015
Infosys at the board meeting held today 24 April 2015, has approved, the definitive agreement to acquire Kallidus Inc. (d.b.a Skava) and its affiliate, for a consideration of USD 120 Million including a deferred component and retention bonus, definitive agreement for an early-stage investment of USD 2 Million in Airviz, to acquire a minority share, and the transfer of the business of Finacle and EdgeServices to the Company's subsidiary- EdgeVerve Systems
Shares of Infosys Ltd were trading lower 6% at Rs. 1,992 today. Company booked net profit of Rs. 3,097 crore in the quarter ended March 2015 as against Rs. 3,250 crore during the previous quarter ended March 2014. Company recommended a final dividend of Rs. 29.50/- per equity share (equivalent to Rs. 14.75 per share after 1:1 bonus issue, if approved by shareholders) for the financial year ended March 31, 2015. The stock opened at Rs. 2,131 as against the previous close of Rs. 2,123. It has hit a high of Rs. 2,150 and a low of Rs. 1,982. Total traded quantity on the counter stood at over 15.20 lakh shares. Meanwhile, the benchmark is closed at 27,586 down 149 points.