the Board of Directors of the Company, at its meeting held today, has, inter alia, considered and approved the proposal for the acquisition of 100% equity interest in M/s. Global Impex ....
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Blue Cloud Softech Solutions' Board, at its meeting on February 23, 2026, approved the acquisition of 100% equity interest in Global Impex Inc. from ConnectM Technologies Solutions, INC. The deal is structured as an all-equity share swap, meaning no cash will be paid by Blue Cloud — shares will be issued in exchange. The acquisition is conditional and remains subject to satisfactory due diligence, valuation exercise, and receipt of all statutory and regulatory approvals. No financial details, valuation, or share swap ratio have been disclosed at this stage.
For shareholders, this is a non-cash acquisition that may lead to share dilution once the swap ratio is finalized. The deal could expand Blue Cloud's business footprint through Global Impex, but execution risk remains high as completion is dependent on multiple pending steps including valuation and regulatory clearances.