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Mumbai, Sept. 24 Goldman Sachs Investments Mauritius have upped their stake in the city-based Aftek to 5.74 per cent, by picking up 2.29 per cent stake on Monday.

Prior to the deal, Goldman Sachs held about 30 lakh shares or 3.45 per cent in Aftek.

Commenting on the deal, Mr Pramod Broota, Director, Aftek, told Business Line: “Recently, our subsidiary Seekport AG was listed on the Frankfurt Stock Exchange, which has enabled us a certain valuation.

Owing to this, there has been a lot of interest about Aftek in the investor community.”

Aftek, through its subsidiary Arexera Information Technologies Gmbh, owns 56 per cent of Seekport, which is a country specific search engine in Europe.

The Aftek scrip was up by 3.63 per cent to close at Rs 77 on the BSE on Monday.

(This article was published in the Business Line print edition dated September 25, 2007)
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