This is further to our letter dated September 14, 2022 wherein we had informed about acquisition of26.37% stake on fully diluted basis ofKogo Tech Labs Private Limited for INR
10.00 Crore. We wish to further inform you that the said acquisition is completed, the details are set out as below:
Name of Associate
Total No. of
Face Value per
Amount
Securities
Security
Kogo Tech Labs Private Limited
acquired
INR 10.00 Crore
40,000
INR 10/-
Kindly acknowledge the receipt ofthe same.
Thanking you.
YForursC.faithfully,E. Info Systems Limi
aAurabh Surendra Somanil
Company Secretary & Compliance Officer
C.E. INFO SYSTEMS LIMITED
(Previously Known as C.E. Info SystemsPvt Ud)
237, Okhla Industrial
, Phase- Ill, New Delhi 110020, Digital Address: eloc.me/mmiOOO, Email: contact@mapmyindia.com,
CE Info Systems Ltd. published this content on 19 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 September 2022 09:29:01 UTC.
CE Info Systems Ltd. is an India-based provider of digital maps, geospatial software and location-based Internet of things (IoT) technologies. The Company's segment is Map data and Map data related services. Its business mainly consists of products like digital map data, GPS navigation and location-based services, licensing, royalty, annuity, subscription and customizing its products for customers. It offers digital maps as a service, software as a service and platform as a service, including its digital map data, software products, platforms, application programming interfaces (APIs), IoT and solutions to tech companies, large businesses, automotive original equipment manufacturers, government organizations, developers, and consumers. The Company's geographic information system and geo-analytics platforms include Insight and mGIS. These consist of location-based APIs capable of ingesting, processing, publishing, visualizing, and analyzing geospatial data to provide locations.