LYCOS has announced its listing on the National Stock Exchange of India (NSE) with the scrip ID LYCOS from May 8, 2015. NSE, being the largest exchange in the county in terms of trading volumes, gives LYCOS the edge to reach investors from 191 centres who can avail of the trading facilities on the NSE Trading Network.
As part of its transition from a technology player to a full-fledged comprehensive digital media destination for consumers across the world, LYCOS has made 10 acquisitions since 2007, building a well-oiled sales engine and a strong technology backbone in the process.
Suresh Reddy, Chairman of LYCOS said, “This listing gives a larger universe of investors an opportunity to participate in the growth of LYCOS. We are happy to be a part of the NSE platform. As we move forward with exciting growth plans, and a commitment towards good governance, we look forward to the continued cooperation of our shareholders.”