Acquisitions25 Aug 2026, 06:10 pm
Data Patterns Completes Acquisition of ST Advanced Composites
AI Summary
Data Patterns (India) Ltd has announced the completion of the Share Purchase Agreement for acquiring 100% equity shares of ST Advanced Composites Private Limited. The total consideration is approximately ₹10 Crores, comprising ₹1.50 Crores for equity shares and ₹8.50 Crores as a loan to the target company for settling liabilities. This acquisition, subject to customary conditions precedent, will make ST Advanced Composites a wholly-owned subsidiary of Data Patterns.
Key Highlights
- Data Patterns acquires 100% stake in ST Advanced Composites.
- Total consideration for acquisition is approximately ₹10 Crores.
- ST Advanced Composites will become a wholly-owned subsidiary.
- Acquisition is subject to fulfillment of conditions precedent.
Price Impact
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