The Board of Directors of the company in its meeting held today i.e., on Thursday, October 30, 2025 has considered & approved: 1. The acquisition of two companies in the United States ....
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The board, at its meeting on October 30, 2025, approved the acquisition of two companies in the United States and two in the United Kingdom, along with initiating due diligence on these targets. The board also approved plans to raise funds to finance these potential acquisitions. No financial details, deal values, or timelines were disclosed. The meeting ran from 2:00 PM to 3:30 PM.
This signals aggressive international expansion, but since due diligence has just begun and fund-raising plans are yet to be finalised, the deals remain non-binding. Shareholders should watch for further disclosures on deal size, funding mix (equity vs debt), and valuation, as fund-raising could lead to dilution depending on the structure chosen.