Globalspace Technologies Acquires 99.83% Stake in Miljon Mediapp

Globalspace Technologies Ltd announced the acquisition of an additional 99.83% shareholding in its subsidiary, Miljon Mediapp Private Limited. This acquisition is achieved through the conversion of a loan amounting to ₹12.64 crore into equity. Miljon Mediapp operates in the Pharma Tech industry, providing a digital engagement platform for pharmaceutical companies. The company expects the acquisition to be completed by July 31, 2026. This move is not considered a related party transaction and does not require regulatory approvals.