Acquisition Details
Target Entity: Leapfrog Engineering Services Ltd
Acquisition Date: June 24, 2026
Percentage Acquired: 6.37% of paid-up equity share capital
Number of Shares Acquired: 903,000 equity shares
Purchase Price per Share: ₹22.06 (including premium of ₹21.06)
Total Consideration: ₹19,92,01,800 (Nineteen Crore Ninety-Two Lakh One Thousand Eight Hundred Rupees)
Consideration Type: Cash payment
Target Company Information
Business Description: Leapfrog Engineering Services Limited is engaged in engineering, procurement, construction, and commissioning (EPCC) with specialized focus on electrical, instrumentation, fire safety, modular substation and automation systems. The company provides integrated engineering services for various industries including Oil and Gas, Food processing, Pharma, and Metals.
Financial Performance:
- FY 2022-2023 Turnover: ₹10,417.86 lakhs
- FY 2023-2024 Turnover: ₹15,785.42 lakhs
- FY 2024-2025 Turnover: ₹13,466.24 lakhs
Incorporation Date: May 9, 2005
Geographic Presence: India
Industry Classification: Industrials/Engineering & Construction
Transaction Characteristics
Related Party Status: The acquisition does not qualify as a related party transaction. Promoter/promoter group/group companies do not have any interest in the entity being acquired.
Purpose of Acquisition: Routine Investment Purpose
Materiality Threshold: The transaction exceeds the materiality threshold of the company, triggering disclosure requirements.
Company Authentication
DIN: 10900646
Place: Udaipur
Date: June 25, 2026