N2N Technologies Limited

Harmony Remedies India Private Limited, along with Persons Acting in Concert (PACs) Mr. Firoze Nariman Kapadia and Ms. Aditi Vipin Parikh, has launched an open offer for N2N Technologies Limited. The offer aims to acquire up to 1,291,228 equity shares, representing 40% of the Expanded Voting Capital, at a price of 4.30 per fully paid-up equity share. The Offer Opening Public Announcement and Corrigendum to Detailed Public Statement were published on April 29, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Independent Directors Committee (IDC) has also published its recommendation on the offer.

Harmony Remedies India Private Limited, along with Persons Acting in Concert (PACs), has launched a mandatory open offer to acquire up to 1,291,228 equity shares of N2N Technologies Limited. This represents 40% of the expanded voting capital at a price of ₹4.30 per fully paid-up equity share, payable in cash. SEBI provided its final observation letter on April 13, 2026, and the Letter of Offer is now being dispatched to public shareholders. The open offer is scheduled to open on Thursday, April 30, 2026, and close on Thursday, May 14, 2026. The offer is not conditional upon any minimum level of acceptance.

N2N Technologies Ltd received its annual disclosure from Promoter Mr. Rahul Dilip Shah under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended March 31, 2026. The disclosure indicates that Mr. Rahul Shah, along with Mrs. Rekha Rani Sarawgi (whose 2,34,500 shares are pending transfer but treated as part of promoter holding), collectively holds 13,91,480 shares, representing 43.11% of the company's total share/voting capital. Furthermore, the disclosure confirms that no additional shares were pledged during the financial year 2025-26, and the pledge of shares as of April 1, 2024, continues to remain in effect.

N2N Technologies Ltd has announced the closure of its trading window from April 1, 2026, until 48 hours after the adoption of the audited financial statements for the half-year ending March 31, 2026. The company has already implemented the trading window closure on the CDSL website, as per SEBI regulations.

Inga Ventures Pvt Ltd, acting as the Manager to the Offer, has submitted the Letter of Offer to the public shareholders of N2N Technologies Ltd. The open offer is being made by Harmony Remedies India Private Limited, along with PACs Mr. Firoze Nariman Kapadia and Ms. Aditi Vipin Parikh, to acquire up to 12,91,228 equity shares at ₹4.30 per share, representing 40% of the expanded voting capital. The offer period is scheduled from April 30, 2026, to May 14, 2026. SEBI has provided its final observation letter on the Draft Letter of Offer.

N2N Technologies Ltd. held a Board Meeting on 14-02-2026, where they approved and adopted the unaudited financial results for the quarter and nine months ended 31st December 2025. The meeting was held from 2.30 pm to 3.00 pm. The company's income from operations stands at 3,200 lakhs for the quarter and 29,873 lakhs for the nine months ended 31st December 2025. The total expenditure for the quarter is 3,070 lakhs and 27,873 lakhs for the nine months ended 31st December 2025. The profit for the period from continuing operations is 130.71 lakhs. The company's EPS (Earnings per share) for the quarter is 0.03.

N2N Technologies Ltd has announced that its Board of Directors will meet on February 14, 2026 to consider and approve the unaudited financial results for the quarter ended December 31, 2025. The meeting will also approve the limited review report.

N2N Technologies Ltd has had its trading suspension revoked after paying the due annual listing fees to BSE Limited. The company's promoter, Rahul Shah, is defending a civil and criminal case in the United States, unrelated to the company's affairs or business. The case is being heard in the Courts of State of Illinois, United States of America.

The 40th Annual General Meeting (AGM) of N2N Technologies Ltd was held on December 30, 2025, through Video Conferencing. The meeting concluded at 10.25 am, and the Ordinary Business was voted on the E-voting platform of CDSL. The Balance Sheet and Statement of Profit and Loss Account for the year ended March 31, 2025, were adopted with 99.92% approval. Mr. Rahul Shah, who retires by rotation, was re-appointed as a director with 99.92% approval. The meeting was conducted in accordance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The remote e-voting process was conducted by Hardik Savla, a Practicing Company Secretary.

N2N Technologies Ltd, a company based in Pune, conducted its 40th Annual General Meeting on December 30, 2025, via Video Conferencing. The meeting was attended by Ms. Trupti Pandit, the Director, and seven other members. The meeting was concluded at 10.25 am, with a total of less than 1000 members as on the Record Date. The members were informed about the E-voting process and the option to cast votes on the CDSL E-voting Platform. Two members asked questions about the ongoing Open Offer and the total number of employees, which were answered appropriately. The meeting concluded with a vote of thanks to the chair.