Softbpo Global Services Ltd — Important, 01-01-1970: Company Update

Idream Film Infrastructure Company Limited is subject to an open offer by Northvale Capital Partners Private Limited and its associates. They aim to acquire up to 60,000 public shares at Rs. 10 each, totaling Rs. 6 lakh. This offer follows a significant transaction where the acquirers purchased 90,000 shares from the promoter for Rs. 9 lakh and will inject new capital. This includes a preferential allotment of shares for Rs. 4 crore cash and a share swap to acquire E-Tunnel Inc., a Korean biometric technology company. E-Tunnel will become a wholly-owned subsidiary, bringing advanced finger-vein biometric recognition technology. Post-transaction, acquirers will hold 73.72% of the company.