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Saksoft proposes amalgamation with subsidiary

Saksoft proposes amalgamation with its subsidiary. This move aims to streamline operations and reduce compliance costs. The board has approved the scheme, subject to regulatory and shareholder approvals. Details of the swap ratio and effective date will be disclosed later.
📊 STOCKS: $SAKSOFT | 🏢 SECTOR: IT | #MEDIUMIMPACT #Amalgamation

#Amalgamation#Merger#CorporateRestructuring
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