Titan Intech board meet to approve bonus problem

Titan Intech, a number one IT, Information Centre Institution and digital enterprise transformation firm, will maintain its board assembly on Might 21 to think about and approve the allotment of bonus shares. The announcement comes on the heels of the corporate’s higher monetary efficiency and dedication to rewarding its traders, mentioned the corporate in a press release on Monday.

Earlier, the corporate has declared a bonus share problem within the ratio of three:5, translating to an providing of three shares for each 5 shares held by eligible traders. The file date for the bonus share problem has been mounted as Might 17. Sunil Ghanathe, Director of Titan Intech mentioned the corporate is increasing its horizons by establishing a contemporary information facilities in India, reinforcing its dedication to shaping the way forward for the know-how panorama

Established in 1984, the corporate is into delivering high quality and safety for its shoppers’ IT infrastructure and enterprise information. With a group of seasoned worldwide answer architects, the corporate prioritises efficiency and scalability, making certain shoppers keep on the forefront of technological innovation, he mentioned.

Shares of the corporate had been up 5 per cent at ₹101 on Monday.

Additionally learn: Titan Intech to advertise schooling with StateoftheArt AI