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CE Info Systems block deal: PhonePe likely to sell 5% stake in ...CE Info Systems had last month reiterated its FY28 revenue target of Rs 1000 ... MMI sees a similar opportunity as India, with the TLT JV targeting 50 per cent/30 per cent market share in map ...
PhonePe owned 1,01,97,966 shares or 18.74 per cent stake in CE Info Systems, as of the end of March. The block deal size is expected to be Rs 476.20 crore, as per CNBC TV18.
CE Info Systems had last month reiterated its FY28 revenue target of Rs 1000 crore-plus, with 35% Ebitda margins. This is supported by a strong order book which is projected to reach Rs 2,000 cr ...
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