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Nihilent promoter LC Singh buys out 69 controlling stake from NTT in a leveraged buy out

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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NTT Corporation: NTT sells controlling stake in Pune-based Nihilent to promoter, ET Telecom

NTT Corporation: NTT, which owned stake through its investment firm Hatch Investments (Mauritius), became Nihilent’s biggest shareholder in 2017 when it picked up a 34.6% stake from South Africa’s Adcorp Workforce Management Solutions, which used to jointly own Hatch Investments along with NTT-owned firm Dimension Data Protocol.

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Nihilent Limited's Founder and promoter, LC Singh acquires NTT Ltd.'s controlling stake in the company

Nihilent buys back stake from NTT, and other news

Nihilent buys back stake from NTT, and other news
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NTT Corporation: NTT sells controlling stake in Pune-based Nihilent to promoter

Japanese telecommunication giant NTT Corporation has fully exited its 69.14% controlling stake in Pune-based IT consulting and services firm Nihilent Ltd selling it to the founder and promoter LC Singh.

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