PRESS RELEASE

T/DG Completes Acquisition of Pyramid Building In Hinjewadi

Digital Group Infotech Pvt Ltd completed the purchase of the iconic 'Pyramid Building' located on Plot No. 5 at Hinjewadi, Phase I, Pune, India from Geometric Ltd for a total consideration of Rs 295 million. The transaction and registration of the property took place on April 19, 2008. The build has a total capacity of over 500 people and ../includes additional adjacent property suitable for expansion.

Adiyta Sharma, The Digital Group CEO, characterized this transaction as ‘a critical step in the continued growth of The Digital Group’ and plans to begin consolidating the Pune workforce to this location later this year.

Posted Date:

Monday, April 28, 2008

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