Redington Limited
Established in the year 1993, Redington Limited is a leading distributor of IT and mobility products and a provider of supply chain management solutions and support services in India, the Middle East, Turkey and Africa.
What Redington files
- Investor Meet45
- Others44
- Updates20
- Important8
- PPTs7
- Board Meeting6
Redington's Gulf operations are restricted due to geopolitical tensions, causing re-routing, increased transit times, higher working capital needs, and rising costs. War risk coverage is revoked. Financial impact is currently unquantifiable.
Redington's subsidiary Arena Connect has assigned its device distribution and supply agreement with Vodafone to Datagate Bilgisayar for approx. $8 million (₹66.4 Cr). This involves divesting an existing business contract.
Redington's step-down subsidiary, Arena Bilgisayar, has secured approval from the Turkish Competition Authority. This allows Arena to proceed with non-binding negotiations for the transfer of a Device Distribution and Supply Agreement. The agreement is between Arena Connect Teknoloji, an Arena subsidiary, and Vodafone Dağıtım. This development signals a potential shift...
Redington Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company continues to focus on sustainable growth through extensive efforts in diversity, employee well-being, and environmental responsibility. Key initiatives include a net zero commitment by 2050, zero e-waste to landfill by 2030,...
Redington Limited has announced the completion of the disinvestment of its wholly-owned subsidiary, Paynet Ödeme Hizmetler A.Ş., to Iyzi Payment and Electronic Money Services Inc. The firm received a total consideration of USD 89.29 million from this transaction. As a result of this divestment, Paynet is no longer a subsidiary...