Acquisitions10 Feb 2026, 06:33 pm
Sattrix Information Security Acquires Sattrix Software Solutions for Rs. 157.83 Crores via Share Swap
AI Summary
Sattrix Information Security Ltd has announced the acquisition of 100% share capital of Sattrix Software Solutions Private Limited (SSSPL) through a share swap agreement. The Board of Directors has approved the allotment of 45,48,379 equity shares of Rs. 10 each at an issue price of Rs. 347 per share to the shareholders of SSSPL. This acquisition is expected to enhance operational capabilities and support long-term growth. The transaction has been carried out on an arm’s length basis and has obtained an independent fair market valuation report.
Key Highlights
- Sattrix Information Security Ltd is acquiring Sattrix Software Solutions Private Limited for Rs. 157.83 Crores via share swap.
- The acquisition is expected to enhance operational capabilities and support long-term growth.
- The transaction has been carried out on an arm’s length basis.
- The acquisition involves 45,48,379 equity shares of Rs. 10 each at an issue price of Rs. 347 per share.
- The acquisition is a related party transaction as the promoters and directors of both companies are the same.