One Global Service Provider Ltd revises preferential issue for acquisitions

One Global Service Provider Ltd announced an addendum to its Share Purchase Agreements (SPAs) for the acquisition of Matrix Labs Diagnocare Private Limited (MLDPL) and Matrix Labs Private Limited (MLPL). The Board of Directors approved a revised preferential issue of equity shares to discharge the non-cash consideration for these acquisitions. The issue size and pricing were adjusted following guidance from BSE Limited to comply with SEBI (ICDR) Regulations. The total non-cash consideration for MLDPL remains ₹35,97,81,800 for 51% stake, and for MLPL remains ₹3,56,35,320 for 51% stake. The number of shares to be issued has been revised accordingly, but the total consideration value is unchanged.