Rakesh Shah Acquires 55.95% Stake in ECS Biztech

Rakesh R. Shah, along with Komal Infotech Private Limited, has acquired a total of 1,22,30,916 equity shares, representing 59.50% of the total equity share capital of ECS Biztech Limited. This acquisition was made pursuant to a Share Purchase Agreement (SPA) dated July 29, 2026. The transaction involved the acquisition of 1,15,00,000 equity shares by Rakesh R. Shah, constituting 55.95% of the company's share capital. 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.