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    Corporate Announcement
    Security Code : 539807    Company : INFIBEAM    
     
    Intimation about wholly owned subsidiary 
      Exchange Disseminated Time     30/05/2016 13:45:43
    Infibeam Incorporation Ltd has informed BSE that the Company's Wholly Owned Subsidiary Company i.e. NSI Infinium Global Private Limited has signed a Term Sheet with Avenues [India] Private Limited ("CC Avenue") for investment of up to Rs. 450.00 Million and it is in further discussion for signing of definitive agreement. The percentage of investment will be finalised in the definitive agreement.
     

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