Transaction Details
ICRA Limited has acquired the remaining 1.25% shareholding in Fintellix India Private Limited (Fintellix) for a consideration of INR 3.17 crores on July 28, 2026. The transaction was executed through cash consideration.
Corporate Structure Impact
With this acquisition, Fintellix has become a wholly-owned subsidiary of ICRA Limited effective July 28, 2026. Additionally, Fintellix's subsidiaries have become stepdown wholly-owned subsidiaries of ICRA Limited.
Target Entity Information
Name: Fintellix India Private Limited
Incorporation Date: March 17, 2006
Headquarters: Bengaluru, Karnataka, India
Industry: Software products & services
Business Specialization: Risk, supervisory, and data analytics solutions offered on proprietary data platform
Financial Information
Turnover History:
- FY 2026: INR 93.3 crore
- FY 2025: INR 80.3 crore
- FY 2024: INR 74.7 crore
Regulatory Aspects
The acquisition qualifies as a related party transaction since Fintellix was already a subsidiary of ICRA Limited. No governmental or regulatory approvals were required for this acquisition. The transaction was completed through normal depositories execution process.
Annexure Disclosure Compliance
The disclosure includes mandatory information as required under:
- Regulation 30 of SEBI Listing Regulations
- Clause 1 of Para A of Part A of Schedule III of Listing Regulations
- Annexure 18 of SEBI master circular reference number SEBI/HO/49/14/14(7)2025 - CFD - POD2/I/3762/2026 dated January 30, 2026
Signing Date: July 28, 2026
#ICRA #Fintellix #SEBIDisclosure #Regulation30 #M&A #Neutral