Softbpo Global Services Ltd — Important, 22-12-2025: Company Update
22-12-2025 | 10:37 pm
22-12-2025 | 10:37 pm
The board has approved significant strategic changes, including a change of control with promoters selling 90,000 shares to Northvale Capital. The company will also increase its authorized share capital from Rs. 6.5 Cr to Rs. 275 Cr and raise its investment limit to Rs. 500 Cr. A preferential issue of 40 lakh equity shares for Rs. 4 Cr to Northvale was approved. Crucially, the company plans to acquire 100% of South Korea's E-Tunnel Inc. for Rs. 266.40 Cr through a share swap, entering the high-growth biometric security market. E-Tunnel reported a turnover of Rs. 21.14 Cr in 2024. These actions, subject to shareholder approval at an upcoming EGM, aim to diversify and expand the business.
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