Investment2 April 2026 at 06:20 am
Inventurus Knowledge Solutions Completes USD 20.99 Million Investment in Subsidiary
AI Summary
Inventurus Knowledge Solutions Ltd has completed the second tranche of its investment in Inventurus Knowledge Solutions Inc. (IKS Inc.), a wholly owned subsidiary. The company acquired 32,635 shares of IKS Inc. for USD 20,990,505, thereby concluding the event disclosed on March 13, 2026. This update is in accordance with Regulation 30(7) of the SEBI LODR Regulations and is a continuation of the disclosures made on March 27, 2026.
Key Highlights
- Inventurus Knowledge Solutions Ltd has completed a USD 20.99 million investment in its wholly owned subsidiary, Inventurus Knowledge Solutions Inc.
- The investment is the second tranche of a larger investment approved by the board on March 13, 2026.
- The company has acquired 32,635 shares of the subsidiary as part of this investment.
- This investment is in compliance with Regulation 30(7) of the SEBI LODR Regulations.
- This update concludes the event disclosed on March 13, 2026.