Acquisitions25 May 2026, 06:22 pm
Axentra Corp to Acquire 51% Stake in Fore Solutions
AI Summary
Axentra Corp Ltd has announced that its Board of Directors has approved the acquisition of a 51% equity stake in Fore Solutions Private Limited. This will be executed through a Share Purchase Agreement (SPA), making Fore Solutions a subsidiary of Axentra Corp. The acquisition involves 10,25,100 equity shares. Mr. Vinoth Kumar Mohanadas and Mr. Yasiru Lelwala are authorized to finalize and execute the SPA.
Key Highlights
- Axentra Corp to acquire 51% stake in Fore Solutions Private Limited.
- Acquisition through Share Purchase Agreement (SPA).
- Fore Solutions Private Limited to become a subsidiary of Axentra Corp.
- Board authorizes Mr. Vinoth Kumar Mohanadas and Mr. Yasiru Lelwala to execute the SPA.
- The acquisition involves 10,25,100 equity shares.
Price Impact
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