Acquisition History / Rashi Peripherals Ltd / Satcom Info Tech Private Limited (70%)
Rashi Peripherals Ltd Acquires Satcom Info Tech Private Limited (70%)
Announced January 13, 2025 — $1.5M
What happened
Satcom Info Tech is an Indian IT products company. Rashi Peripherals' board approved acquiring a 70% stake (75,460 shares at Rs 1,805 per share) for Rs 136.2 million, making Satcom a subsidiary.
- Acquirer
- Rashi Peripherals Ltd
- Target
- Satcom Info Tech Private Limited (70%)
- Announced
- January 13, 2025
- Price
- $1.5M
- Industry
- IT distribution
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Rashi Peripherals Ltd acquire Satcom Info Tech Private Limited (70%)?
Rashi Peripherals Ltd acquired Satcom Info Tech Private Limited (70%) on January 13, 2025. This was Rashi Peripherals Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Rashi Peripherals Ltd pay for Satcom Info Tech Private Limited (70%)?
Rashi Peripherals Ltd paid $1.5M for Satcom Info Tech Private Limited (70%).
What does Satcom Info Tech Private Limited (70%) do?
Satcom Info Tech is an Indian IT products company. Rashi Peripherals' board approved acquiring a 70% stake (75,460 shares at Rs 1,805 per share) for Rs 136.2 million, making Satcom a subsidiary.
What other IT distribution companies has Rashi Peripherals Ltd acquired?
Satcom Info Tech Private Limited (70%) is Rashi Peripherals Ltd's only publicly tracked acquisition in IT distribution so far.