Event Details
- Event Date: November 11, 2026 at 3:30 PM
- Company Awareness Date: November 12, 2026 at 9:38 AM
- Target Entity: ESDS Software Solution Limited (Listed Entity)
- Acquisition Method: Through Stock Exchange
Financial Details of Acquisition
- Number of Shares Acquired: 48,901 equity shares
- Percentage of Shareholding: 0.04%
- Total Cost of Acquisition: ₹5.89 Crore
- Consideration Type: Cash Consideration
- Transaction Status: Acquisition completed on November 11, 2026
Target Company Background
- Name: ESDS Software Solution Limited
- Industry: IT Enabled Services
- Date of Incorporation: August 18, 2005
- Business Description: AI-enabled end-to-end IT service provider with over two decades of experience in building and managing IT infrastructure. Provides data center, cloud, colocation, managed services and AI infrastructure solutions for Governments and PSUs, BFSI Institutions and Enterprises.
- Geographic Presence: India
Financial Performance of Target Entity (as at March 31, 2026)
- Turnover: ₹378 Crore
- PAT: ₹62 Crore
- Networth: ₹520 Crore
Historical Turnover of Target Entity
- FY 2025-2026: ₹378 Crore
- FY 2024-2025: ₹357 Crore
- FY 2023-2024: ₹281 Crore
Transaction Characteristics
- Related Party Transaction: No
- Promoter/Promoter Group Interest: No
- Arms Length Transaction: Yes
- Governmental/Regulatory Approvals Required: No
Purpose and Impact
The shares were acquired through the stock exchange and form part of the investment of Maithan Alloys Limited with a view to reap the long-term/short-term investment benefits. Maithan Alloys Limited does not intend to acquire control, whether directly or indirectly, of the management of the Target Entity.
Additional Information
Information relating to the Target Entity has been obtained from its website and Annual Report for FY 25-26 and BSE website.