Orient Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/10/2025 ,inter alia, to consider and approve A proposal for the potential ....
ORIENTTECH · price
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Orient Technologies Ltd has informed BSE and NSE that its Board of Directors will meet on Thursday, October 16, 2025, to consider and approve a proposal for the potential acquisition of three companies: Athena IT & Telecom Private Limited, AIT Internet Services Private Limited, and Red Hut Innovation Technology Private Limited. The acquisition is subject to mutual agreement on terms and conditions through a definitive agreement. The trading window for dealing in the company's securities has been closed since October 1, 2025, in line with the company's insider trading code under SEBI regulations. The intimation has been issued under Regulation 29(1) of SEBI's Listing Obligations and Disclosure Requirements, 2015.
If the Board approves the acquisition, Orient Technologies could significantly expand its IT and telecom services portfolio through these three deals. Shareholders should closely watch the October 16 outcome, as approval may positively impact the stock, while any deferral or rejection could weigh on sentiment.