NSEAcquisition22 Jun 2026 · 22 Jun 2026, 05:36 pm
Acquisition
Zota Health Care LImited · ZOTA
✦ AI SummaryM&A
Zota Health Care Limited has acquired an 80% stake in Globotask IT Consultancy Services Private Limited (GITCPL) for a cash consideration of INR 25 lakhs. GITCPL, an IT software and services company, generated a turnover of INR 19.28 lakhs in FY 2025-26. The acquisition aims to provide IT solutions, including cloud-based software, app development, and ERP, to Zota Health Care and its subsidiaries, making GITCPL a subsidiary.
Analysis Scores
Earnings Impact5/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment6/10
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Full Announcement
ZOTA: Zota Health Care Limited has informed the Exchange about Acquisition of 80% stake in M/s Globotask IT Consultancy Services Private Limited
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ZOTA_22062026173551_AcquisitionGITCPL22062026.pdf
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June 22, 2026
The Manager
Listing Department,
The National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Bandra (E), Mumbai – 400051
Dear Sir/ Madam,
Trading Symbol: ZOTA
Sub: Intimation of Acquisition of 80% stake in M/s Globotask IT Consultancy Services Private Limited
Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Further to our intimation dated June 19, 2026, we, Zota Health Care Limited (the “Company”), would
like to inform you that the Board of the Company has approved for acquisition of 80% stake in M/s
Globotask IT Consultancy Services Private Limited (“GITCPL”).
Consequent to the above acquisition, GITCPL would become the Subsidiary of the Company.
The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13,
2023 is annexed herewith as (Annexure-1).
This is for your information and record.
Thanking you,
Yours faithfully,
For Zota Health Care Limited
Ashvin Variya
(Group Company Secretary & Compliance Officer)
Place: Surat
Encl: a/a
Registered Office:
Zota House, 2/896, Hira Modi Street,
Sagrampura, Surat-395002 Ph: +91 261 2331601
Email: info@zotahealthcare.com
Web: www.zotahealthcare.com
CIN: L24231GJ2000PLC038352
Annexure-I
Particulars Details
Name of the target entity, details in brief such as size, turnover etc. i. Name of the Target Entity: Globotask IT
Consultancy Services Private Limited
(“GITCPL”)
ii. Business of the Target Entity: GITCPL is a
software company that carries on the business
of Information Technology (“IT”) and computer
facilities management of computer programs
to meet the needs of client and supply of made
to order software, web-page designing,
software support and maintenance, computer
disaster recovery, web hosting and other IT and
computer services allied activities.
iii. Financial details: as per the audited financial
statements for the Financial Year 2025-26, the
turnover of GITCPL was Rs. 19.28 Lakhs and the
total paid up share capital was Rs. 1 Lakh.
Whether the acquisition would fall within related party No, the acquisition does not fall within the ambit of
transaction(s) and whether the promoter/ promoter group/ group related party transactions. The promoter/ promoter
companies have any interest in the entity being acquired? If yes, group/ group companies do not have any interest in
nature of interest and details thereof and whether the same is done GITCPL and the said transaction is done at arm’s
at “arm’s length” length basis.
Industry to which the entity being acquired belongs Information Technology
Objects and effects of acquisition (including but not limited to, The Company has made investment in GITCPL to
disclosure of reasons for acquisition of target entity, if its business provide IT solutions, including cloud-based software
is outside the main line of business of the listed entity); development, Android/iOS Application, website
development and customized ERP software to the
Company and its Subsidiaries. Post to this
acquisition, GITCPL would become the Subsidiary of
the Company.
Brief details of any governmental or regulatory approvals required N.A.
for the acquisition
Indicative time period for completion of the acquisition On June 22, 2026, the Company has acquired the
said 80% stake in GITCPL.
Nature of consideration - whether cash consideration or share swap Cash consideration by way of acquisition of Equity
and details of the same; Shares.
Cost of acquisition or the price at which the shares are acquired Cost for acquisition of 80% stake, acquiring 8,000
equity shares of GITCPL against the aggregate
consideration is Rs. 25,00,000/- (Rupees Twenty
Five lakhs Only).
Percentage of shareholding / control acquired and / or number of The Company has acquired 8,000 equity shares of
shares acquired GITCPL. Post to this acquisition, GITCPL would
become the Subsidiary of the Company.
Brief background about the entity acquired in terms of GITCPL was incorporated on November 04, 2022,
products/line of business acquired, date of incorporation, history of domiciled in India; engaged in the business of IT and
last 3 years turnover, country in which the acquired entity has computer facilities management of computer
presence and any other significant information (in brief) programs to meet the needs of client and supply of
made to order software, web-page designing,
software support and maintenance, computer
disaster recovery, web hosting and other IT and
computer services allied activities.
During last three financial years, the details of
turnover of GITCPL were as follows:
FY 2025-26: Rs. 19.28 Lakhs
FY 2024-25: Rs. 8.14 Lakhs
FY 2023-24: Rs. 13.06 Lakhs