LATENTVIEWNSELatent View Analytics LimitedHighNeutral
Announced Mon, 2 Jun · 17:46 IST

Intimation pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations )

Listed Co AcquisitionStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Latent View Analytics has acquired 803 additional equity shares of Decision Point Private Limited under Tranche 2 of a previously announced acquisition. The shares have a face value of INR 10 each, and the total consideration paid was INR 1.11 crore. After this tranche, Latent View's total shareholding in Decision Point stands at 80% of the diluted equity share capital. This is part of an ongoing acquisition approved by the Board in March 2024, with a prior tranche completed in July 2024.

Likely market impact

Latent View has now consolidated 80% ownership in Decision Point, making it a majority-controlled subsidiary. This strengthens Latent View's business integration but the additional stake purchase size is relatively small in value terms.