StockWatch
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Diversified Commercial Services
Management Change12 Aug 2026, 07:23 pm

N2N Technologies: Management & Control Change Post Open Offer

AI Summary

N2N Technologies Limited announced a significant change in its management and control, effective August 13, 2026. This follows the successful completion of an Open Offer by Harmony Remedies India Private Limited, acting in concert with Mr. Firoze Nariman Kapadia and Ms. Aditi Vipin Parikh. Consequently, Rahul Dilip Shah and Rekha Rani Sarawgi will cease to be promoters, with Rahul Dilip Shah's shareholding reclassified to the public category. The new management intends to provide strategic direction and oversee operations. The company will also cease its IT & Software consulting business.

Key Highlights

  • Harmony Remedies India Private Limited acquires management and control.
  • Promoters Rahul Dilip Shah and Rekha Rani Sarawgi to exit.
  • Change effective from August 13, 2026, post Open Offer.
  • Company to cease IT & Software consulting business.
  • Board reconstituted following the change in control.