Acquisitions7 Jan 2026, 06:01 pm
Walking Treee Technologies Acquires 34.76% Stake in Octaware Technologies for Rs. 3,59,05,700
AI Summary
Walking Treee Technologies Pvt Ltd has acquired 12,48,000 equity shares, representing 34.76% of the equity share capital of Octaware Technologies Limited. The acquisition was made through a Share Purchase Agreement (SPA) dated August 12, 2025, with the existing promoter, Mohammed Aslam Qudratullah Khan. Upon completion of the SPA and open offer, Walking Treee Technologies, along with its Ultimate Beneficial Owners (UBOs), will be classified as Promoters of Octaware Technologies Limited.
Key Highlights
- Walking Treee Technologies Pvt Ltd acquires 34.76% stake in Octaware Technologies Limited
- Acquisition made through a Share Purchase Agreement (SPA) dated August 12, 2025
- Upon completion of the SPA and open offer, Walking Treee Technologies to be classified as Promoters of Octaware Technologies Limited
- Total transaction value of Rs. 3,59,05,700
- Pradeep Lavania, Director of Walking Treee Technologies, digitally signed the agreement on January 07, 2026