What is scheme of arrangement of 3i Infotech?

This scheme of arrangement (“Scheme”) provides for the reduction of share capital of the Company (as defined hereinunder) and subsequent consolidation of the face value of the equity shares of the Company pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Com panies Act, 2013.

Who owns 3i Infotech?

3i Infotech Ltd (established as ICICI Infotech Ltd) is an Indian IT company, incorporated in 1993. 3i Infotech was promoted by ICICI Bank but ICICI divested the majority of the shares in March 2002.

Is 3i Infotech going to be delisted?

We would like to clarify that equity shares of 3i Infotech Limited, listed on BSE and NSE are not getting delisted.

Is it good to buy 3i Infotech share?

3I Infotech Ltd’s earnings have grown by 0%, whereas share price has appreciated 77.2% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, you need to ensure you buy at a right price to earn good returns.

What is the future of 3i Infotech?

In the near future, 3i Infotech will be adding artificial intelligence/machine learning engineers and data scientists for 5G-powered cognitive services, he added. The company had earlier announced that it aims to achieve organic revenue growth of USD 1 billion by 2030.

Is 3i Infotech part of Icici?

3i Infotech was incorporated as a wholly owned subsidiary of ICICI and is promoted by ICICI Strategic Investment Fund, according to BSE shareholding data as on March 30.

Is 3i Infotech owned by Icici?

Is 3i Infotech a BPO?

3i Infotech Bpo Limited was founded in 2009. The company’s line of business includes providing various business services.

Why did 3i Infotech fall?

The stock has been consistently hitting lower circuits in the last few days. The company will announce its quarterly results on May 27.

Is 3i Infotech a MNC?

3i infotech is a good mnc company.

Why did 3i Infotech share fall?