Jagsonpal Services Acquires Software Platform for ₹10 Cr

Jagsonpal Services Limited's Board of Directors has approved the acquisition of a software platform, assets, brands, IP, and human resources from Elanistech Private Limited, a related party. The transaction, valued at ₹10 crore (cash consideration), is subject to shareholder approval and is expected to be completed within three months. Elanistech Private Limited specializes in software development for financial services and electronic payments. This acquisition aligns with Jagsonpal Services' strategic objectives, aiming to kickstart revenue generation and support its primary business activities.