Announced Thu, 16 Jul · 18:48 IST
One Point One Solutions completes 100 percent acquisition of ITCube Solutions
ONEPOINT · price
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Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹54.76
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₹54.75
base price
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AI summary
One Point One Solutions has completed acquiring 100 percent stake in ITCube Solutions, an IT and ITES firm in BPM and Microsoft technologies. Total deal value about Rs 84 crores, fully in cash. Done in two tranches of 76 percent and 24 percent. ITCube turnover was Rs 51.28 crores in FY26, Rs 48.68 crores in FY25, and Rs 53.90 crores in FY24. It is a Microsoft Gold Partner operating in India and USA. The deal strengthens the buyer's IT and BPM capabilities.
Likely market impact
Expands IT and BPM capabilities with added revenue base. Watch for integration progress and margin impact from the Rs 84 crore cash deal.