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SIS to invest up to Rs 8 cr in Installco Wify Technology
14-Jul-2025, 03:35
SIS has approved an investment of up to Rs 8 crores through primary and secondary transaction in Installco Wify Technology (Wify), by way of: (a) acquisition of equity shares from the existing shareholders, as a secondary investment; and (b) subscription to Compulsorily Convertible Preference Shares as a primary investment, aggregating to a total shareholding of 4.56%.
SIS has approved an investment of up to Rs 8 crores through primary and secondary transaction in Installco Wify Technology (Wify), by way of: (a) acquisition of equity shares from the existing shareholders, as a secondary investment; and (b) subscription to Compulsorily Convertible Preference Shares as a primary investment, aggregating to a total shareholding of 4.56%.
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