Astral rallies 5% as CARE upgrades long-term bank facilities’ rating
The company on Thursday also informed bourses that the board has approved the purchase of an additional 15 per cent equity in Seal IT Services, a UK-based subsidiary, at a consideration of GBP 52,50,000 (equivalent to Rs 48 crore). With this acquisition, the company’s total equity stake in the subsidiary increased to 95 per cent from earlier 80 per cent.
