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Awaiting price reaction for this filing.
Edvenswa Enterprises Limited has informed BSE that its Board, at a meeting held on 14 August 2025, approved the acquisition of 51% of the paid-up equity share capital of Strategemist Global Private Limited for cash consideration. The target company was incorporated on 25 February 2025 and operates in IT services and consulting, with an authorised and paid-up capital of ₹1 lakh. Since the target is newly incorporated, no turnover history is available and no government approvals are required. Edvenswa stated the deal is not a related-party transaction and the acquisition is aimed at supporting business expansion, strengthening capabilities in high-growth sectors, and creating synergies.
This is an early-stage acquisition by Edvenswa of a newly formed IT services company, with no disclosed deal value. Investors should watch for further updates on financials, deal cost, and how the target contributes to Edvenswa's business going forward, as the immediate impact on stock price is likely to be limited given the small size of the target.