Pursuant to the Regulation 30 of the SEBI (LODR) Regulations 2015 (Listing Regulations) we are pleased to inform that the Company has completed the acquisition today of 100% of the issued and paid up equity share capital of E.I. Designs Private Limited (E.I. Design) through MPS Interactive Systems Limited (MPSI) a wholly owned subsidiary of the Company by executing a share purchase agreement (Share Purchase Agreement). The shares held by the shareholders of E.I. Design have been purchased by MPSI by executing a share purchase agreement at a consideration of INR 40 Crores (INR Forty Crores Only) on a cash-free debt-free basis.Details pursuant to the Regulation 30 of the Listing Regulations are enclosed as Annexure-A and Press release as Annexure-B.
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