Indiamart Intermesh divests 70% stake held in Ten Times Online

Capital Market 

Indiamart Intermesh has divested 70% stake in the equity share capital of Ten Times Online.

Consequent to the said partial disinvestment by way of sale of equity shares, Ten Times Online has ceased to be a Wholly Owned Subsidiary and is now only an Associate Company of Indiamart Intermesh which continues to hold 30% of the stake in the said Company.

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First Published: Tue, September 01 2020. 19:18 IST