SEMAC CONSULTANTS LIMITED has informed the Exchange regarding Board meeting held on Jun 26, 2025 to considered and approved to make investment by way of secondary acquisition of 5,000 (Five Thousand) equity shares of Rs. 10/- each, representing 50% of the equity share capital of Semac Construction Technologies India Private Limited, from its existing shareholders (i.e. Mr. Abhishek Dalmia and Mrs. Deepali Dalmia), at a total consideration of Rs. 50,000, to be paid in cash, subject to the compliance with the Companies Act, 2013, Listing Regulations and other applicable laws and such other regulatory/statutory approvals, as may be required.
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Semac Construction Limited's board, at its meeting on June 26, 2025, approved acquiring the remaining 50% stake (5,000 equity shares of Rs. 10 each) in Semac Construction Technologies India Private Limited from existing shareholders Mr. Abhishek Dalmia (Managing Director) and Mrs. Deepali Dalmia (Director) for a total cash consideration of Rs. 50,000. Post-acquisition, Semac Construction Technologies India will become a 100% wholly-owned subsidiary of the company. The target entity is in the Design and Project Management Consultancy business with a total income of Rs. 69.68 Lakhs in FY25 (up from Rs. 2.81 Lakhs in FY24). The transaction qualifies as a related party transaction since the sellers are directors of the company, and is being done at arm's length as part of a consolidation strategy. Completion is expected within 5 days.
This is a small, low-value consolidation move (Rs. 50,000) that simplifies the group structure by making the subsidiary wholly-owned. The acquisition is from promoter-family directors, which means cash leaves the listed entity to related parties, though the deal is at arm's length. Minimal direct impact on shareholders given the tiny consideration size.