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Board approved acquisition of 100% of US-based Tavento Labs for up to 101 Cr, mainly via issuing 2.30 Cr shares at Rs 44, giving sellers 21.22% post-allotment. First overseas acquisition and equity dilution since listing; expands Vertoz into AI-native cybersecurity and digital trust, beyond its existing MadTech and CloudTech focus. Tavento is pre-revenue and completion depends on definitive agreements, member and regulatory approvals; target valuation, commercial traction and cash component remain uncertain.
Vertoz Approves ₹101 Crore Tavento Acquisition Via 21.22% Share Swap
Vertoz Approves ₹101 Crore Tavento Labs Acquisition Via Share Swap