Announced Mon, 7 Sept, 2026 · 20:04 IST
Board approves 100% acquisition of Australian AI firm Emageia Pty; preferential issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹301.60
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
———————-1.0——————
Up moveDown movePending
AI summary
Axentra Corp board approved acquiring 100% of Australia's Emageia Pty Ltd (Kyber Marketplace, AI software tools for SMEs) for about Rs 37.13 crore via share swap of 70.52 lakh shares at Rs 27 each plus Rs 18.09 crore cash. Also approved preferential issue of 1.25 crore equity shares and 1.82 crore convertible warrants at Rs 27 each, and doubling authorized capital to Rs 70 crore. 34th AGM set for September 30, 2026.
Likely market impact
Overseas acquisition marks entry into AI software space; large share issuance may cause equity dilution for existing shareholders.