S A Tech Software India Limited — JV/Acquisition, 31-07-2025: Amalgamation/Merger

S A Tech Software India (SATECH) board has approved a merger with Mindpool Technologies (MTL). SATECH will absorb MTL, aiming to combine complementary strengths, boost operational efficiency, expand market reach, and achieve cost synergies. For every 2 shares of MTL, shareholders will receive 1 share of SATECH. MTL's net worth was ₹12.99 Cr & income ₹26.82 Cr, while SATECH's stood at ₹39.64 Cr & ₹100.35 Cr (FY25). This move integrates two IT companies. The scheme also involves cancelling cross-held shares, potentially benefiting existing SATECH shareholders. Subject to necessary approvals.