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Infosys to divest entire $2.5-mn investment from US-based OnMobile Systems

In a separate filing, OnMobile Global (OGL) said Telesystem had acquired Infosys' stake in OnMobile Systems

Press Trust of India  |  New Delhi 

Infosys

Infosys, India's second largest software services firm, on Thursday said it has divested its investment in for $2.49 million. "...it (Infosys) has on February 15, 2018 signed an agreement for divestment of its entire investment from USA for a total consideration of $2,498,756," said in a regulatory filing. In a separate filing, BSE-listed OnMobile Global (OGL) said Telesystem had acquired Infosys' stake in OnMobile Systems. Telesystem is a part of the promoter group of OGL, it added.

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First Published: Fri, February 16 2018. 21:30 IST
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