Acquisitions5 Feb 2026, 08:32 pm
Physicswallah Ltd Acquires Nextseed Foundation for INR 1,00,000
AI Summary
Physicswallah Limited has announced the acquisition of 100% equity share capital of Nextseed Foundation, a Section 8 Company, for a purchase consideration of INR 1,00,000. The acquisition will make Nextseed Foundation a wholly owned subsidiary of Physicswallah Ltd. The acquisition is in line with Physicswallah's strategic objective to establish, promote, operate, support, and maintain higher education institutions.
Key Highlights
- Physicswallah Ltd to acquire 100% equity share capital of Nextseed Foundation for INR 1,00,000
- Nextseed Foundation to become a wholly owned subsidiary of Physicswallah Ltd
- Acquisition in line with Physicswallah's strategic objective to establish, promote, operate, support, and maintain higher education institutions
- Nextseed Foundation is a Section 8 Company with the object to establish, promote, operate, support, and maintain higher education institutions
- Nextseed Foundation has not commenced its business operations to date