Affle 3i Limited has informed the Exchange regarding 'update on Bobble'.
AFFLE · price
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Awaiting price reaction for this filing.
Affle 3i Limited's Investment Committee met on June 16, 2025 and reviewed its stake in Bobble (Talent Unlimited Online Services Private Limited). It decided to keep classifying this investment as 'Held For Sale' under Ind AS 105, pending a substantial update on the inspection rights that Affle has sought from Bobble. Separately, on June 13, 2025, Bobble sent Affle a pre-emption offer notice to subscribe to 337 Series D2 Compulsorily Convertible Preference Shares. Affle's committee noted this offer and said a decision will be taken in due course. This is a follow-up to Affle's earlier communication dated June 9, 2025 on the same matter.
For shareholders, this signals Affle's continued intent to exit its Bobble stake but no immediate transaction. The pre-emption offer could dilute Affle's holding if it chooses not to participate, or let it maintain its position if it does — the final call is still pending.