StockWatch
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Civil Construction
Acquisitions25 May 2026, 06:22 pm

Axentra Corp Acquires 51% Stake in Fore Solutions

AI Summary

Axentra Corp Ltd has acquired a 51% equity stake in Fore Solutions Private Limited through a Share Purchase Agreement (SPA). The acquisition involves 10,25,100 equity shares. The board has authorized Mr. Vinoth Kumar Mohanadas and Mr. Yasiru Lelwala to finalize and execute the SPA. This transaction does not involve related parties.

Key Highlights

  • Axentra Corp acquires 51% equity stake in Fore Solutions Private Limited.
  • The acquisition is executed through a Share Purchase Agreement (SPA).
  • 10,25,100 equity shares are being acquired in the transaction.
  • Vinoth Kumar Mohanadas and Yasiru Lelwala are authorized to finalize the SPA.
  • The transaction is not a related party transaction.