Acquisitions28 Oct 2025, 08:00 am
Harmony Remedies India Private Limited to Acquire 40.00% Stake in N2N Technologies Limited for ₹ 55,52,280.40
AI Summary
Harmony Remedies India Private Limited, along with Mr. Firoze Nariman Kapadia and Ms. Aditi Vipin Parikh, is set to acquire 40.00% of the expanded voting share capital of N2N Technologies Limited. The total consideration for the acquisition is ₹ 55,52,280.40, assuming full acceptance. The acquisition is pursuant to the execution of an acquisition of control agreement (ACA) with the existing promoter and resigning directors of the Target Company. The offer is not conditional and will be paid in cash. The transaction is triggered under Regulations 3(1) and 4 of the SEBI (SAST) Regulations.
Key Highlights
- Harmony Remedies India Private Limited to acquire 40.00% stake in N2N Technologies Limited
- Total consideration of ₹ 55,52,280.40, assuming full acceptance
- Acquisition pursuant to the execution of an ACA with the existing promoter and resigning directors
- Payment will be made in cash
- Transaction is a triggered offer under Regulations 3(1) and 4 of the SEBI (SAST) Regulations