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ED Probe: Silicon Techlab Majority Stake Went to PSIL in 2023

Published: StartupFeed Quick Take The ED says Silicon Techlab's majority shares passed to PSIL International under a deal dated August 5, 2023. Investigators searched Silicon Techlab, Panchsoft Technologies and PSIL International on October 9, 10 and 12, seizing records under India's anti-money-laundering law. The three firms sat in the chain that ran Odisha's cancelled 2024…

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