Acquisitions25 Jun 2026, 10:20 pm
Deep Health AI India Acquires 6.37% Stake in Leapfrog Engineering
AI Summary
Deep Health AI India Ltd has acquired a 6.37% stake in Leapfrog Engineering Services Ltd. for ₹19,92,01,800. The acquisition involved 90,30,000 equity shares at ₹22.06 each. Leapfrog Engineering Services Ltd. is an integrated engineering services company specializing in EPCC services for various industries including Oil and Gas, Food Processing, Pharma, and Metals. The company reported a turnover of ₹13,466.24 lakhs as of March 31, 2025. This acquisition is considered a routine investment and does not involve related party transactions. No governmental or regulatory approvals were required, and the acquisition was completed on June 24, 2026.
Key Highlights
- Deep Health AI India acquired 6.37% of Leapfrog Engineering Services Ltd.
- Acquisition cost totals ₹19.92 crore for 90.3 lakh shares.
- Leapfrog Engineering Services is in EPCC for diverse industrial sectors.
- Turnover of target entity was ₹13,466.24 lakhs as of March 31, 2025.
- Acquisition is a routine investment, not a related party transaction.
Price Impact
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