Please find enclosed herewith the Announcement pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI Master Circular dated January ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
AccelerateBS India's wholly-owned US subsidiary, Accelerate Next Inc, has completed the 100% acquisition of Beanstalk Web Solutions LLC, a US-based IT and digital services firm headquartered in St. Louis, Missouri. The deal was done for USD 1.5 million (approximately INR 13.84 crores) in cash, payable in tranches. Beanstalk Web Solutions has become a step-down subsidiary of AccelerateBS India and reported a turnover of INR 15.12 crores for FY2025, INR 15.53 crores for FY2024, and INR 15.24 crores for FY2023. The acquisition is aimed at supporting long-term growth, global expansion, and enhancing consolidated revenues by tapping into new customers in the US market. The transaction is not a related party deal, and no promoter or group company has any interest in the acquired entity.
This is a modest, cash-funded international acquisition that gives AccelerateBS a direct US footprint and adds roughly INR 15 crores of annual revenue on a consolidated basis. For shareholders, it signals early-stage global expansion, but the small deal size relative to typical M&A makes the immediate impact on stock price likely limited.