Sar Televenture Limited — Board Meeting, 07-02-2025: Outcome of Board Meeting

The Board of Directors of SAR Televenture Limited has convened a meeting to approve amendments to the securities purchase agreement for acquiring 91% equity shares of Tikona Infinet Private Limited. The revised purchase consideration is set at ₹578.03 crore, down from the initial ₹669.04 crore, and will be settled through a share swap. Tikona, which has a turnover of ₹192.87 crore for the fiscal year ending March 2024, operates in the telecom industry, providing wireless broadband services. This acquisition aims to expand SAR Televenture's service portfolio and enhance market presence.