BSE - Corporate Announcement

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07 Jun 23 | 14:19 | Open

Corporate Announcement

Company

KFin Technologies Ltd

Scripcode

543720

Announcement under Regulation 30 (LODR)-Updates on Acquisition | 3/23/2023 11:12:13 AM

This is further to our letter reference no. CS&G/STX/MQ2023/15 dated February 24, 2023, intimating regarding KFin Technologies Limited ('the Company') entering into definitive agreements on February 24, 2023, for, inter-alia, subscribing to 1,041,525 Equity Shares in Fintech Products and Solutions (India) Private Limited ('FPSIPL') for a consideration of Rs. 6,50,00,000 translating into an equity shareholding of 25.63% of the post-issue share capital of FPSIPL ('Initial Primary Transaction'). Pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('LODR Regulations'), this is to inform that the Company has completed the Initial Primary Transaction on March 22, 2023.

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