Syrma SGS Technology has acquired the remaining 15% stake in its Subsidiary Perfect ID India on March 24, 2023.
Syrma now holds the entire paid-up equity share capital of Perfect ID India.
The stake (15%) was acquired from Sakun Ahuja. The total consideration paid was Rs. 11.78 Crores.
This acquisition will help Syrma increase efficiencies and expand capacities.