DRC Systems to divest full Inexture stake, acquire 49% in Skizzle
DRCSYSTEMS · price
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On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.3 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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DRC Systems board approved two deals on Oct 14, 2026. To divest entire 49.18% stake in associate Inexture Solutions for up to Rs. 1.02 Crores (Inexture FY26 turnover Rs. 19.03 Cr, net worth Rs. 1.95 Cr); completion within 60 days. Also approved acquiring 49% in Skizzle Technolabs for up to Rs. 2 Crores from existing holders, by March 31, 2027; Skizzle to become an associate. Neither is a related party transaction.
Small portfolio reshuffle; exits a low-multiple associate and adds a tech associate. Limited impact on overall scale.