ALPHA TRIBE

Quicktouch Technologies LimitedBoard Meeting, 10-03-2025: Outcome of Board Meeting

10-03-2025 | 07:29 pm

The Board of Directors of Quicktouch Technologies Limited has approved the acquisition of Earth Leasing and Finance Private Limited for ₹2.60 Crores, enhancing its fintech capabilities through the QuickPay business. This strategic move will allow Quicktouch to expand into digital lending and financial products. Additionally, the Board has approved an investment of ₹2.76 Crores by subscribing to 600,000 newly issued Compulsorily Convertible Preference Shares, aiming to strengthen the capital base of Earth Leasing and bolster its operational capacities for future growth initiatives.

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