Vertoz board approves Tavento Labs acquisition via share swap preferential issue

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VERTOZ · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.5%Reaction day

₹37.76

prior close

₹36.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+3.1% vs market

IT Enabled Services peers, median of 79sector-0.6%+3.1% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.1 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+4.4

10m

+2.1

15m

+2.6

30m

+4.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5-0.6+3.1-0.6+3.1

Next day

+2.0+0.0+1.9-0.7+2.7

-2.0+0.7-2.7-0.7-1.3

-1.7+1.1-2.8-0.6-1.1

+2.8+1.6+1.1-1.0+3.7

+1.8+1.5+0.3-1.6+3.5

+2.0+1.4+0.6-1.0+3.0

15d

-3.3+0.4-3.7-2.9-0.4

-7.3-1.4-5.9-5.1-2.3

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 79Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Vertoz board approved acquiring 100% of US-based Tavento Labs Inc., a pre-revenue cybersecurity firm, for up to Rs 101 Cr. Funded mainly via share swap at Rs 44 per share, issuing 2.29 Cr equity shares to 3 foreign portfolio investors (Radiant Global Fund 9.76%, Nova Global 5.52%, Zeal Global 5.94%), who will collectively hold 21.22% post-allotment. Authorised capital raised from Rs 100 Cr to Rs 122.95 Cr. AGM set for Sept 29, 2026.

Likely market impact

Adds a pre-revenue US cybersecurity unit via share swap; existing holders face 21.22% dilution from 3 new FPI investors.