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Acquisitions14 January 2026 at 04:10 am

Walking Tree Technologies Acquires 4.90% Stake in Octaware Technologies via Off-Market Transfer

AI Summary

Walking Tree Technologies Pvt Ltd has acquired 1,76,000 equity shares of Octaware Technologies Ltd on January 12, 2026, through an Off-Market Transfer from Mr. Shahnawaz Aijazuddin Shaikh. This acquisition increased Walking Tree Technologies' holding to 51.15% of the total share capital and 51.15% of the total voting rights in Octaware Technologies.

Key Highlights

  • Walking Tree Technologies Pvt Ltd has acquired 1,76,000 equity shares of Octaware Technologies Ltd, representing 4.90% of the total share capital and 4.90% of the total voting rights.
  • The acquisition was made through an Off-Market Transfer from Mr. Shahnawaz Aijazuddin Shaikh on January 12, 2026.
  • Walking Tree Technologies' holding in Octaware Technologies has increased to 51.15% of the total share capital and 51.15% of the total voting rights.
  • The total equity share capital and total voting rights of Octaware Technologies before and after the acquisition remain unchanged at Rs. 3,59,05,700 (35,90,570 Equity Shares of Rs. 10/- each).
  • The total diluted share and voting capital of Octaware Technologies after the acquisition also remains unchanged at Rs. 3,59,05,700 (35,90,570 Equity Shares of Rs. 10/- each).