Board approved 100% acquisition of Australia-based Emageia for Rs 37.1 Cr: Rs 18.1 Cr cash and Rs 19.0 Cr share swap; completion targeted within four months. Emageia operates Kyber Marketplace, an AI software marketplace for SMEs, with FY26 revenue of AUD 1,017,789. Proposed equity and warrants at Rs 27 could raise up to Rs 103 Cr. Major overseas acquisition and further preferential issuance mark a step change from prior bolt-ons and deepen dilution; target profitability, valuation and execution economics remain undisclosed.
Axentra Corp Approves ₹37 Crore Emageia Acquisition, ₹102 Crore Issue
Axentra Corp Approves ₹37 Crore Emageia Acquisition And Preferential Issue
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