DRC Systems India Limited has informed the Exchange regarding a press release dated Jun 17, 2025, titled "DRC Systems India Limited to acquire majority stake in lnexture Solutions Limited to expand global reach and strengthen technology capabilities".
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DRC Systems India Limited has announced plans to acquire up to 50.10% equity stake in Ahmedabad-based IT services company lnexture Solutions Limited, which will then operate as its subsidiary. The deal is valued at up to INR 1 crore and is subject to regulatory and statutory approvals. lnexture offers full-stack software development, consulting, and maintenance services using technologies like Python, Java, Full Stack, Liferay, Spring Boot, and Django. The acquisition is aimed at expanding DRC Systems' presence into Belgium and Australia, while further strengthening its reach in the USA market, where lnexture already serves hundreds of global clients. The company highlighted Australia's IT services market as a key opportunity, projected to reach USD 80 billion by 2033 at a 10.18% CAGR.
This is a small-ticket acquisition (INR 1 crore) but strategically important for DRC Systems to broaden its geographic footprint and technology capabilities. For shareholders, it signals the company's push for inorganic growth and global expansion, though the limited deal size means the immediate financial impact may be modest pending further updates on synergies and revenue contribution.