Investment9 Sept 2026, 12:30 pm
Sodhani Academy Invests ₹1 Cr for 1% Stake in CredArc Tech
AI Summary
Sodhani Academy of Fintech Enablers Ltd announced that its Board of Directors has approved an investment of INR 1,00,00,000/- (Rupees One Crore only) in CredArc Technologies Private Limited. This investment will be made in the form of Equity Shares, acquiring a 1% stake in the target company. CredArc Technologies Private Limited, incorporated on June 20, 2026, operates in the ESG technology and sustainability compliance solutions sector. The investment is strategic, aiming to participate in the growing digital compliance and reporting ecosystem. The consideration is cash, and the transaction is not considered a related party transaction.
Key Highlights
- Board approved investment of ₹1 Crore in CredArc Technologies.
- Acquires 1% equity stake in the target company.
- Target company operates in ESG technology and sustainability.
- Investment aims to tap into digital compliance ecosystem.
- Transaction is a cash consideration, not a related party deal.
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