Acquisition / mergerNotableFiled on BSE ·

Novus Loyalty Limited approves acquisition of AutoPe Payment Solutions via share swap

Novus Loyalty · Media

Arthneeti Research DeskPublished 1 min read

Key highlights

  • Board approved acquisition of 286,617 equity shares of AutoPe Payment Solutions Limited at ₹648.60 per share
  • Issuance of 9,29,500 equity shares of Novus Loyalty Limited proposed as consideration via preferential issue
  • Extra-Ordinary General Meeting to be convened for shareholder approval; Managing Director authorized for EGM arrangements

Why it's rated notable: The filing states no aggregate rupee consideration, only the per-share value of ₹648.60 and the share counts, and the swap remains subject to shareholder and regulatory approvals, so the level stays at medium.

Original filing

Board Meeting Outcome for Outcome Of Board Meeting

Read the filing on BSE (PDF) →

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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.