StockWatch
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Computers - Software & Consulting
Shareholding29 Sept 2026, 10:59 am

Komal Infotech Acquires 3.56% Stake in ECS Biztech

AI Summary

Komal Infotech Private Limited, along with Rakesh Ramanlal Shah, has acquired a total of 1,22,30,916 equity shares, representing 59.50% of ECS Biztech Limited's total equity share capital. This acquisition was made through a Share Purchase Agreement dated July 29, 2026, with the transaction occurring between September 24-25, 2026. The acquisition triggers an open offer under SEBI (SAST) Regulations, and the acquirers are expected to become part of the promoter and promoter group of ECS Biztech Limited.

Key Highlights

  • Komal Infotech acquired 3.56% stake in ECS Biztech.
  • Total acquisition by Komal Infotech and Rakesh Shah is 59.50%.
  • Acquisition completed via Share Purchase Agreement dated July 29, 2026.
  • Transaction triggers SEBI open offer requirements.
  • Acquirers to become part of ECS Biztech's promoter group.