16-Jul-2026 20:04:34
PWLAcquisition and merger
PHYSICSWALLAH: ACQUIRES ADDITIONAL 11% STAKE IN SARRTHI IAS
• Board approved addendum to SPA revising valuation methodology and purchase consideration for Tranche II acquisition • Company to acquire 1,100 equity shares, an additional 11% stake in Sarrthi IAS, for ₹71.81 Cr • Upon completion, PWL's shareholding in Sarrthi IAS will increase from 40% to 51%, making it a subsidiary • Tranche I acquisition previously completed, resulting in 40% shareholding in Sarrthi IAS
Physicswallah Ltd
Open attachment