Delta Corp Limited — JV/Acquisition, 20-02-2025: Acquisition

Delta Corp Limited and its wholly owned subsidiary, Deltatech Gaming Limited (DGL), have entered into an agreement for Head Digital Works Private Limited (Head Digital) to acquire 51% of DGL. Subsequently, DGL will merge with Head Digital. Following the merger, Delta Corp will hold approximately 5.7% in Head Digital. The total consideration for the transaction is around INR 491 crore, indicating a significant strategic move to enhance market positioning within India's online gaming space. This merger is expected to bolster Adda52's competitive edge in the online poker market, leveraging Head Digital's established presence in the industry.