Mehai Technology Acquires Hi-Tech Services for ₹4.5 Cr

Mehai Technology Limited has entered into a Share Purchase Agreement to acquire 100% of Hi-Tech Services Private Limited for a total consideration of ₹4,50,00,000 (Rupees Four Crore Fifty Lakh only). The acquisition is part of Mehai Technology's business expansion and strategic objectives, aiming to expand operations and explore opportunities in data processing and IT-enabled services. Hi-Tech Services Private Limited is a private limited company incorporated in India with a paid-up equity share capital of ₹32,80,300. The acquisition is expected to be completed upon fulfillment of conditions precedent and share transfer formalities. The transaction is a cash consideration and does not involve related parties.