S A Tech Software India Limited — JV/Acquisition, 31-07-2025: Amalgamation/Merger
31-07-2025 | 10:06 am
31-07-2025 | 10:06 am
S A Tech Software India Ltd (SATECH) has approved a merger with Mindpool Technologies Ltd (MTL). This strategic move aims to combine their strengths, expand market reach, and optimize operations for enhanced efficiency and growth.
SATECH's net worth is ~39.64 Cr with revenue of ~100.35 Cr, while MTL's net worth is ~12.99 Cr and revenue ~26.82 Cr (FY25).
The swap ratio is 1 SATECH share for every 2 MTL shares. MTL shareholders will become SATECH shareholders. Critically, SATECH shares held by MTL will be cancelled, creating a more robust entity beneficial to all stakeholders.
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