Tuesday, April 02, 2013

Tulip Telecom Ltd: Shareholders Have 1000 Reasons To Cheer

Over past two decades Tulip has developed a reliable IT service delivery framework and unique range of IT infrastructure Services. Its state of the art NOC (Network Operation Centers) & Datacenter supported by nationwide team of field engineers help it to meet entire customer requirements for Data/ Video / Voice / Security. 

The company is uniquely placed as single stop service provider for Connectivity (number one MPLS provider in India), Datacenter (Maximum white space at various metros in India) and Managed Services (both  packaged and customized IT services) to ensure customized solutions for all the customers’ needs.

Meanwhile, Tulip Telecom Ltd informed BSE that the Board of Directors of the Company at its meeting held on March 29, 2013, inter alia, have considered and approved the following:

The restructure and reschedulement of the Overall Fund Based Limits and the Overall Non Fund Based Limits i.e. the Debt of the Company, with ICICI Bank Ltd.

The scrip is expected to move towards Rs.41-41, in the coming days.