Acquisitions30 Jun 2025, 05:54 pm
GTPL Hathway Extends Acquisition Timeline for GTPL Vision Services
AI Summary
GTPL Hathway Ltd. has announced an extension in the timeline for the acquisition of a 49% equity stake in GTPL Vision Services Private Limited, a subsidiary of the company. The acquisition, originally expected to be completed within 90 days of the share transfer agreement signed on December 31, 2024, was previously extended to June 30, 2025. The new deadline for the completion of the acquisition is September 30, 2025. The cash consideration for the acquisition remains at Rs.1131/- per equity share, amounting to Rs.11,31,00,000/-.
Key Highlights
- GTPL Hathway extends the acquisition timeline for GTPL Vision Services
- The new deadline for the acquisition is September 30, 2025
- The acquisition involves a 49% equity stake in GTPL Vision Services
- The cash consideration for the acquisition is Rs.1131/- per equity share
- The total cash consideration is Rs.11,31,00,000/