Syrma Technology and SGS Tekniks announce merger to form Syrma SGS Technologies

Syrma Technology and SGS Tekniks have announced a cash cum stock merger agreement to create Syrma SGS Technologies with a combined turnover of over Rs. 1,000 crore. The deal is supported by a Private Equity investment from GEF.

“Syrma Technology and SGS Tekniks on Wednesday announced a merger agreement to further strengthen their design and manufacturing capabilities for global and domestic OEMs.”economictimes.indiatimes.com

• 2 sources
• economictimes.indiatimes.comSyrma-SGS: Electronics design firm Syrma to merge with SGS Tekniks to create Rs 1,200-cr entity - The Economic TimesDia RekhiNov 11, 2020
• jsalaw.comJSA advised SGS Tekniksand its promoters in cash cum stock merger with Syrma - JSAMORE DEALS BY THE AUTHORNov 11, 2020

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