3i Infotech announces restructuring of US based subsidiaries

Capital Market 

Financial Software Inc. merges with Inc.

announced that its US based subsidiary, Financial Software Inc. has been merged into Inc, another US based of the Company effective 31 December 2017.

There is no cash consideration involved in the said merger. The intent of the merger was to effect a tax-free re-organisation under all applicable laws.

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First Published: Fri, January 12 2018. 19:20 IST