Powersoft Global Solutions

Powersoft hikes stake in its subsidiary

Powersoft Global Solutions has announced that the conglomerate has pumped Rs 26 million in its wholly owned arm RFID Global Solutions (P) formerly Concentric RF Systems (P) by subscribing towards 2.6 million equity shares of the face value of Rs 10 each at par.

According to the sources, the company offers business technology software, geographic information systems (GIS) and engineering solutions.

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