Acquisition / mergerFiled on BSE ·
Indiabulls Limited to acquire 70% stake in Fintech Cloud Private Limited for ₹1050 crore
What the filing says
- Acquisition involves 70% equity shares of Fintech Cloud Private Limited via NCLT Scheme
- Consideration: issuance of up to 21 crore fully paid-up Indiabulls shares, valuation ₹1500 crore
- Fintech Cloud Pvt Ltd is a Loan Service Provider, FY 2025-26 turnover ₹133.77 crore, PBT ₹30.31 crore
Original filing
Announcement under Regulation 30 (LODR)-Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.