Date: November 14, 2026
Disinvestment / Strategic Actions
Acquisition Completion:
- 5paisa Capital Limited completed acquisition of remaining 42.59% share capital of Giskard Datatech Private Limited (GDPL) on November 13, 2026
- Company's shareholding in GDPL increased from 57.41% to 100%
- GDPL became a wholly owned subsidiary effective November 13, 2026
Transaction Details:
- Aggregate cash consideration: ₹121,57,49,108 (₹121.57 crore)
- Share swap consideration: Issuance of 20,50,588 equity shares of 5paisa Capital at issue price of ₹380 per share
- Transaction executed through Share Purchase Agreement and Shareholders' cum Purchase Agreement
Target Company Background:
- Name: Giskard Datatech Private Limited
- Incorporation Date: June 13, 2016 under Companies Act, 2013
- Industry: Technology and Data Analytics
- Business: Data-driven technology solutions, software development, data processing, analytics, and technology infrastructure services
- Focus: Building data platforms, information systems, analytical tools for large datasets
- Geographic Presence: Primarily operates in India with no known overseas operations
Financial Performance of GDPL:
- FY 2023-24 Turnover: ₹12.07 crore
- FY 2024-25 Turnover: ₹15.75 crore
- FY 2025-26 Turnover: ₹19.55 crore
Strategic Rationale:
- Strengthen Company's digital capabilities
- Expand technology offerings
- Achieve strategic synergies
- Enhance long-term shareholder value
Regulatory Approvals:
- Acquisition required corporate, statutory and regulatory approvals
- GDPL held Research Analyst registration under SEBI (Research Analysts) Regulations, 2014
- Required prior regulatory approval for surrender of Research Analyst registration
- Target Company received all necessary approvals
- 5paisa Capital received all required corporate, statutory and regulatory approvals
Related Party Status:
- Acquisition does not constitute related party transaction
- No promoters, promoter group or group companies have any interest in Target Company
Previous Communications:
- Company made earlier intimations on July 28, 2026, July 29, 2026, and November 4, 2026 regarding this acquisition