Globesecure Technologies Approves ₹49 Crore Rights Issue And Three Acquisitions

Board approved up to Rs 49 Cr rights issue, 75% ANA Cyber Forensic for Rs 6 Cr, 51% Optimistic Technology for Rs 7.7 Cr and 51% Crescent Technologies for Rs 15.3 Cr. Acquisitions broaden cybersecurity into cyber forensics, enterprise IT infrastructure, cloud, networking and managed services; proceeds are intended to fund them. Rights issue price, ratio, dilution and acquisition completion remain undisclosed; loan to the Managing Director also requires shareholder approval.