Ranklin Solutions Ltd plans to acquire 51%stake in Logic Bytes Ltd

Ranklin Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 20, 2008 has decided to acquire 51% of the shareholding in Logic Bytes Pvt Ltd for a total consideration of Rs 91.80 Lacs. M/s. Logic Bytes Pvt Ltd is predominantly in the business of BPO / ITES.