One Point One Solutions Announces Global Expansion With New Client; Check Details Here

One Point One Solutions has informed the stock market that it has recently got a new client from Florida's New Age Medical Device Company. One Point One Solutions has told the stock market that the company providing technology-enabled business process management services has got a new strategic client in the form of a medical device company.

The new client's brand deals in home electrical stimulation devices, braking and accessories etc. which is in the business of pain management and physical rehabilitation. One Point One Solutions hopes that due to the increasing demand for innovative products and services in the country and the world, One Point One Solutions is going to get a lot of help in its operations.

In the last hour of the stock market trading on Wednesday, amid a rise of about three per cent, the shares of micro-cap IT company One Point One Solutions Limited registered a rise of two per cent and were trading at the level of Rs 53. The 52-week high of the shares of One Point One Solutions Limited is Rs 70 while the 52-week low is Rs 20.35.
One Point One Solutions' shares have given negative returns to investors in the recent past, but in one year, its shares have strengthened by 132 percent from the level of Rs 22.90. From the low of Rs 6.63 on 7 June 2019, One Point One Solutions Limited's shares have given a bumper return of 700 percent to investors.

Recently, One Point One Solutions has informed exchanges that its subsidiary ITCube Solutions has won a prominent global client specialising in combatting brand threats through cutting-edge AI-driven tools. ITCube Solutions Pvt. Ltd. (Subsidiary of One Point One Solutions Limited), a prominent player in the technology solutions provider space has announced that it has secured a new client-win European region a renowned global player specialising in providing solutions against brand threats utilizing advanced AI-driven tools to combat online piracy, counterfeiting, and intellectual property infringement.

Earlier in January, The company recently approved conversion of select warrants into equity shares. The company had allotted 3.44 crore convertible warrants at an issue price of Rs 28.32 apiece on October 27, 2023. Each warrant of the company was convertible into one equity share with a face value of Rs 2 each. The company issued warrants on the payment of 25 per cent by the allottees of the issue. The company board of One Point considered and approved the conversion of 2,00,001 convertible warrants into 2,00,001 equity shares with a face value of Rs 2 each, on a preferential basis, upon receipt of an amount aggregating to Rs 42,48,021.24 at the rate of Rs 21.24 per warrant, being 75 per cent of the issue price per warrant.

One Point One Solutions is specialized in the business of customer life cycle management, business process management and technology servicing. The company provides solutions to a wide variety of industries including banking and finance, telecom, insurance, consumer durables and FMCG, e-commerce, retail, and more.