Datamatics Global Services Limited has informed the Exchange about Amalgamation/Merger
DATAMATICS · price
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Datamatics Global Services Limited reported board meeting outcomes on May 21, 2026. The company approved audited financial results for Q4 and FY26 with standalone revenue of Rs. 672 crore and consolidated revenue of Rs. 1,987 crore. A final dividend of Rs. 5 per share (100%) was recommended. The board approved a scheme of amalgamation merging two wholly-owned subsidiaries - Dextara Digital Private Limited and Datamatics Cloud Solutions Private Limited - into Datamatics Global Services Limited. No new shares will be issued as the subsidiaries are 100% owned. The scheme is subject to NCLT, shareholder, and creditor approvals. Mr. Rahul L. Kanodia was re-appointed as Vice Chairman & CEO for 5 years, and two new independent directors were appointed via postal ballot.
The amalgamation will simplify the group structure and create operational efficiencies by consolidating wholly-owned subsidiaries into the parent company. There is no share dilution impact as no new shares are being issued. The dividend and financial results indicate stable performance.