Novus Loyalty Approves 929500-Share Swap To Acquire AutoPe Stake

Board approved acquisition of 2,86,617 AutoPe shares at Rs648.60 each via swap issuing 9,29,500 equity shares on preferential basis, subject to approvals; to convene EGM. Advances strategic entry into digital payments; revives swap funding leg after cash-based definitive agreements, with dilution via preferential allotment subject to shareholder nod. Novus issue price awaits relevant date, leaving swap value and dilution unclear; definitive agreements yet to be executed, EGM date not fixed, closing subject to approvals.