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Mindpool Technologies LimitedJV/Acquisition, 31-07-2025: Amalgamation/Merger

31-07-2025 | 12:30 pm

Mindpool Technologies' board just approved its merger with S A Tech Software India. This strategic move aims to combine strengths, enhance operational efficiency, expand market reach, and optimize cash management for greater stakeholder value. For FY25, Mindpool reported Rs. 26.82 Cr revenue and Rs. 12.99 Cr net worth, while S A Tech had Rs. 100.35 Cr revenue and Rs. 39.64 Cr net worth. The swap ratio is 1 S A Tech share for every 2 Mindpool shares. Mindpool shareholders will gain S A Tech shares, and Mindpool's existing shares in S A Tech will be cancelled. The scheme awaits shareholder and regulatory approvals.

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