NSEAcquisition10 Jul 2026 · 10 Jul 2026, 09:45 pm
Acquisition
Inventurus Knowledge Solutions Limited · IKS
✦ AI SummaryRegulatory
Inventurus Knowledge Solutions Limited has informed the Exchange about an update on its acquisition of TruBridge, Inc. The company has executed a subordination agreement with its subsidiaries and lenders to subordain intercompany debts and liabilities to the obligations of IKS Inc. under the financing facilities aggregating up to USD 635,000,000.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Inventurus Knowledge Solutions Limited has informed the Exchange about update on Acquisition.
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IKS2006_10072026214451_SE_Subordination_Agreement_Disclosure_10July2026.pdf
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July 10, 2026
Listing Department Department of Corporate Services
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (East), Dalal Street,
Mumbai - 400 051 Mumbai - 400 001
Symbol: IKS Scrip Code: 544309
Dear Sir/Madam,
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
Further to our earlier communications dated April 23, 2026, July 2, 2026, July 3, 2026, July 6, 2026 and July 9,
2026, intimating the acquisition of TruBridge, Inc. (the “Target”) by Inventurus Knowledge Solutions, Inc. (“IKS
Inc.”), a wholly-owned subsidiary of Inventurus Knowledge Solutions Limited (the “Company”) (such
acquisition, the “Proposed Acquisition”); the provision of securities and guarantees by the Company, IKS Inc.,
the Target and their respective subsidiaries in connection with financing facilities availed by IKS Inc.
(“Facilities”) from certain lenders, and execution of the facilities agreement for availing the Facilities by IKS
Inc., we wish to inform you that the Company has executed a subordination agreement dated July 10, 2026
with Inventurus Knowledge Solutions, Inc. (“IKS Inc.”), Aquity Holdings, Inc., Aquity Solutions, LLC, Aquity
Solutions India Private Limited and Axis Trustee Services Ltd. GIFT City Branch (“Subordination Agreement”)
for subordination of the intercompany debts and liabilities (including shareholder loans, dividends, and
management fees) owed by IKS Inc., the Company, Aquity Holdings, Inc., Aquity Solutions, LLC and any other
subsidiaries of the Company and IKS Inc. (including TruBridge, Inc and its subsidiaries) which become a debtor
/ obligor in accordance with the terms of the Subordination Agreement, to IKS Inc., the Company, Aquity
Holdings, Inc., Aquity Solutions, LLC, Aquity Solutions India Private Limited, but excluding any general trade
receivable or any intra-Group receivable arising in the ordinary course of business in consideration for services
or costs reimbursed on arm's length terms (“Intercompany Debt”). Pursuant to the Subordination Agreement,
the Intercompany Debt, will rank and remain subordinated to the obligations of IKS Inc. under the financing
facilities aggregating up to USD 635,000,000 availed / to be availed by IKS Inc. from certain lenders.
This disclosure is also available on the Company’s website at https://ikshealth.com/investor-relations/.
You are requested to kindly take the same on record.
Yours faithfully,
For Inventurus Knowledge Solutions Limited
Sameer Chavan
Company Secretary and Compliance Officer
Membership No: F7211