Announced Fri, 19 Jun · 17:36 IST
Zota Health Care to acquire 80 percent stake in Globotask IT Consultancy for Rs 25 lakh
ZOTA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.4%1-day move
₹1305.00
prior close
₹1319.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-1.0-1.0-1.3+5.4+5.9+6.4+7.0+8.4+10.0+6.0-1.9——
Up moveDown movePending
AI summary
Zota Health Care has signed an MOU to acquire 80 percent stake (8,000 equity shares) in Globotask IT Consultancy Services (GITCL) for Rs 25 lakh. GITCL provides IT solutions like cloud-based software, mobile apps, and customized ERP software. The deal is not a related party transaction. Trading window is closed till 48 hours after this announcement.
Likely market impact
Small deal size limits immediate financial impact, but acquisition gives Zota entry into IT solutions and ERP services as a new business vertical.