S A Tech Software India Limited — JV/Acquisition, 15-05-2026: Amalgamation/Merger

S A Tech Software India's Board approved an amended merger plan with Mindpool Technologies. The objective is to combine strengths, optimize cash, unify operations, and expand market reach. Mindpool shareholders will receive 1 S A Tech share for every 2 Mindpool shares. Any odd fractional shares will be paid in cash at Rs 55.98 per share. For FY25, S A Tech reported a net worth of Rs 39.64 Cr and revenue of Rs 100.35 Cr, while Mindpool had a net worth of Rs 12.99 Cr and revenue of Rs 26.82 Cr. This strategic move aims to create a stronger, more scalable entity, pending regulatory and shareholder approvals.