Novus Loyalty to acquire stake in AutoPe Payment Solutions via share swap

Novus Loyalty Ltd has announced a Board meeting on November 9, 2026, to consider and approve the proposed acquisition of a stake in AutoPe Payment Solutions Limited. The acquisition will be executed through a Share Swap Arrangement, involving the issuance and allotment of 929,500 equity shares of Novus Loyalty. The meeting will also discuss the share swap ratio, valuation, definitive agreements, and seek necessary statutory, regulatory, and shareholder approvals. Additionally, the Board will consider convening an Extra-Ordinary General Meeting (EGM) to obtain member approval for the acquisition and the preferential issuance of equity shares.