27-Oct-2026 00:03:13
LIQVDAcquisition and merger
LIQVD DIGITAL : ACQUIRES 23.21% STAKE IN ADLIFT FOR RS 9 CR
• Company acquired 23,211 fully paid equity shares, being 23.21% of Adlift Marketing Private Limited, for ₹9.00 Cr in cash • Holding rises from 76.79% to 100%; Adlift becomes a wholly owned subsidiary • Purchase consideration funded from IPO proceeds as per the objects stated in the Offer Document • Adlift (CIN U52590DL2012PTC239375) is a digital marketing and IT services agency with operations in India and the United States • Target turnover: ₹38.03 Cr in FY26 v ₹37.39 Cr in FY25 and ₹30.85 Cr in FY24 • Transaction is not a related party transaction; no promoter/promoter group interest in Adlift
Liqvd Digital India Ltd
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