S A Tech Software India Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting
31-07-2025 | 12:57 pm
31-07-2025 | 12:57 pm
S A Tech Software India Limited has announced a board meeting outcome focusing on a key strategic move. The Board approved a merger plan to absorb Mindpool Technologies Limited. This strategic move aims to combine complementary strengths, boost operational efficiency, and expand market reach, creating a more robust IT solutions entity.
Under the scheme, Mindpool shareholders will receive 1 S A Tech share for every 2 Mindpool shares held. As of March 31, 2025, S A Tech had a net worth of ₹39.64 Cr and total income of ₹100.35 Cr, while Mindpool had a net worth of ₹12.99 Cr and income of ₹26.82 Cr. This merger will unify operations and is expected to drive significant synergies.
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