Novus Loyalty signs SPA to buy 54.87% stake in AutoPe Payment Solutions
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Novus Loyalty Limited has signed definitive Share Purchase Agreements to acquire 54.873% stake in AutoPe Payment Solutions Limited, a fintech and payment solutions company. The deal is entirely in cash, paid in two equal instalments per agreement, linked to transfer of the corresponding share tranches. The acquisition is not a related party transaction and is at arm's length. This marks the company's strategic entry into digital payments. The deal follows a term sheet disclosed on 31 August 2026.
Strategic entry into fintech/digital payments; majority stake could strengthen business, though financial terms and impact are not disclosed yet.