Announced Tue, 11 Aug · 15:33 IST
Infonative Solutions to acquire 51% stake in Digital Benchers for about 1.68 crore
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹38.00
prior close
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AI summary
Infonative Solutions Limited will acquire 5,100 equity shares (51%) of Digital Benchers Private Limited for about Rs 1.68 crore in cash. Digital Benchers, an AI-based education technology firm incorporated in July 2024, will become a subsidiary. Its FY26 turnover was about Rs 28.4 lakh. The deal is not a related party transaction and is at arm's length.
Likely market impact
Small acquisition entering AI-based education tech space through a new subsidiary. Likely neutral to mildly positive; deal size is modest.