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Expleo Solutions Limited ( (IN:EXPLEOSOL) ) has issued an announcement.
Expleo Solutions Limited has announced the closure of its wholly owned subsidiary, Expleo Solutions FZE, located in Sharjah, UAE. This decision was made due to operational challenges in reaching customers across the Gulf region. The closure, effective March 24, 2025, accounted for 3% of the company’s revenue and 2% of its net worth in the last financial year. To better serve its clients, Expleo plans to establish a new subsidiary in Dubai, UAE, which is expected to open new business opportunities and improve market reach in the Gulf countries.
More about Expleo Solutions Limited
Expleo Solutions Limited operates in the technology and consulting industry, providing quality assurance and engineering services. The company focuses on delivering solutions that enhance operational efficiency and innovation for its clients across various sectors.
YTD Price Performance: -37.81%
Average Trading Volume: 3,929
Current Market Cap: 12.74B INR
See more data about EXPLEOSOL stock on TipRanks’ Stock Analysis page.