Topsgrup acquires 51% majority stake in a USD 140 million British security company - 'The Shield Guarding Company Limited'

/India PRwire/ - In the first ever overseas acquisition by an Indian securitycompany, TOPSGRUP with a market capitalization of Rs 1000 crores (07-08) hasacquired a 51% majority stake in UK’s leading security service provider ‘TheShield Guarding Company Ltd’ for an all cash deal of Rs 125 crores. According to Dr.Diwan Rahul Nanda, Global Chairman & Managing Director, TOPSGRUP, “Shield’s acquisition in the United Kingdomwill act as a strategic gateway for our global growth plans in the coming