Alldigi Tech Limited — Others, 03-04-2025: Disclosure under SEBI Takeover Regulations

Digitide Solutions Limited has announced a board meeting regarding a Composite Scheme of Arrangement with Quess Corp Limited and Bluspring Enterprises Limited, approved by the National Company Law Tribunal (NCLT). Under this Scheme, Digitide has acquired the Demerged Undertaking-1 along with associated assets and liabilities, becoming the promoter and shareholder of Alldigi Tech Limited. This acquisition, exempt from making an open offer, increases Digitide's ownership in Alldigi Tech to 73.39%. The strategic move enhances Digitide's portfolio, potentially boosting investor confidence and signalling growth opportunities in the tech sector.