Technojet Promoters Sign SPA for 73.15% Stake Sale

Technojet Consultants Ltd announced that its promoters have entered into a Share Purchase Agreement (SPA) on September 18, 2026, to sell their 73.15% stake in the company. The acquirer, Mr. Nimesh Sahadeo Singh, an individual, will purchase 1,46,293 equity shares for a cash consideration of ₹70,22,064. Following the SPA execution, the acquirer intends to make an Open Offer to public shareholders as per SEBI regulations. The acquirer aims to take control and become the promoter, while the sellers seek reclassification as public shareholders. The company itself is not a party to the SPA, and no restrictions or liabilities are imposed on it.