Proconnect Supply Chain Solutions Limited acquired additional 26% stake in Rajprotim Supply Chain Solutions Limited from Redington (India) Limited (BSE:532805) on December 22, 2016. Consideration was in the form of cash. Post completion, Proconnect Supply Chain Solutions Limited holds 76% stake in Rajprotim Supply Chain Solutions Limited. Proconnect Supply Chain Solutions Limited completed the acquisition of additional 26% stake in Rajprotim Supply Chain Solutions Limited from Redington (India) Limited (BSE:532805) on December 22, 2016.