BSECompany Update3d ago · 31 Jul 2026, 07:36 pm
Please refer attached letter
Datamatics Global Services Ltd · 532528
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Datamatics Global Services Ltd has completed the acquisition of the remaining 20% stake in TNQ Tech Private Limited, making it a wholly-owned subsidiary of its subsidiary Lumina Datamatics Limited.
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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment6/10
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Full Announcement
Datamatics Global Services Ltd - 532528 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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July 31, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeeboy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra Kurla Complex,
Mumbai - 400 001. Bandra (East), Mumbai - 400 051.
BSE Security Code: 532528 NSE Symbol: DATAMATICS
Ref: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 , dated December 09, 2024.
Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 – Acquisition by wholly owned subsidiary of the Company
Dear Sir/Madam,
This is to inform you that the Company vide its disclosure dated December 09, 2024, had informed the
stock exchanges that Lumina Datamatics Limited (“LDL”), a material wholly owned subsidiary of
Datamatics Global Services Limited (“the Company”), had entered into a Share Purchase Agreement,
Shareholders Agreement and other agreements (“Definitive Agreements”) on December 09, 2024 to acquire
100% stake in TNQ Tech Private Limited (“TNQTech”) in one or more tranches. Accordingly, the first
tranche acquisition of 80% stake was completed on December 31, 2024.
In furtherance to the aforesaid disclosure, we would like to inform you that LDL has completed the
acquisition of second tranche of the remaining 20% stakes i.e. 2,02,000 equity shares of Rs. 10/- (Face
value) each, from the existing shareholders of TNQTech. As a result of abovementioned acquisition,
TNQTech has become the Wholly Owned Subsidiary of LDL and Wholly Owned Step-Down Subsidiary
of the Company with effect from July 31, 2026.
The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
is provided in Annexure I, enclosed herewith.
Kindly take the same on your records.
For Datamatics Global Services Limited
Divya Kumat
President, Chief Legal Officer and Company Secretary
(FCS: 4611)
DATAMATICS GLOBAL SERVICES LTD.
Knowledge Centre, Plot 58, Street No. 17, MIDC, Andheri (East), Mumbai - 400 093. INDIA | Tel: +91 (22) 6102 0000/1/2
| Fax : +91 (22) 2834 3669 | CIN: L72200MH1987PLC045205 | investors@datamatics.com | www.datamatics.com
Annexure I
Disclosure under sub-para (1) i.e. Acquisition(s) (including agreement to acquire) of Para (A) of
Part (A) of Schedule III to the Regulation 30 SEBI (Listing Obligation and Disclosure
Requirements) Regulations, 2015
Sr. No Particulars
1 Name of the target entity, details in brief TNQ Tech Private Limited (“TNQTech” or
such as size, turnover etc.; “Target”) (CIN: U62099TN2023PTC158704)
is engaged in the business of providing pre-
press publishing services, design services,
software development services and software
maintenance services to leading international
publishers of scientific, technology and medical
journals and books including technology
solutions (products) to commercial, open access
and learned societies who publish journals and
books. Its innovative approach to publishing
and content technology, combined with a strong
focus on technological advancements, has led to
several patents for its products.
Turnover: The turnover of TNQTech for the
financial year ended 31st March 2026 is Rs.
33,809 Lakhs.
2 Whether the acquisition would fall within The transaction would not fall within related
related party transaction(s) and whether the party transactions pursuant to SEBI Listing
promoter/ promoter group/ group Regulations and is carried out at arm’s length
companies have any interest in the entity basis.
being acquired? If yes, nature of interest
and details thereof and whether the same is The promoters or promoter group of the
done at “arm’s length”; Company have no interest in the said
acquisition.
TNQTech is a subsidiary of the of LDL and
after the said acquisition it will become Wholly
owned subsidiary of LDL and Wholly Owned
Step-down Subsidiary of the Company i.e
Datamatics Global Services Limited.
3 Industry to which the entity being acquired Pre-press Publishing technology and related
belongs; services.
4 Objects and impact of acquisition This acquisition will collectively strengthen us
(including but not limited to, disclosure of to over 7,500 employees globally and establish
reasons for acquisition of target entity, if its us as amongst the dominant service providers in
business is outside the main line of business the world of digital content. In combination
of the listed entity); with our existing capabilities at being at the
forefront of content workflows by managing the
entire publishing process – from online content
creation to product delivery, this acquisition
will enable us to strengthen our suite of AI-
enabled technology and products which are
used by some of the largest commercial
publishers, prestigious learned societies,
associations, and university presses, and
marquee customers through them, by millions
of authors. The combined organization
strengthens our capabilities, expands our
innovation potential, and reinforces our position
as the global leader in scholarly journal
production services.
5 Brief details of any governmental or Not applicable.
regulatory approvals required for the
acquisition;
6 Indicative time period for completion of the Second tranche closing completed on July 31,
acquisition; 2026.
7 Nature of consideration - whether cash Cash Consideration.
consideration or share swap and details of
the same;
8 Cost of acquisition or the price at which the First tranche consideration was Rs. 348 Crores.
shares are acquired; Second tranche consideration is Rs. 206.80
Crores.
9 Percentage of shareholding / control The stake of LDL in TNQTech has increased to
acquired and / or number of shares 100% from the existing 80%.
acquired;
10 Brief background about the entity acquired Background: TNQ Tech Private Limited (CIN:
in terms of products/line of business U62099TN2023PTC158704) is Publishing
acquired, date of incorporation, history of technology and services company renowned for
last 3 years turnover, country in which the quality, efficiency, and innovation.
acquired entity has presence and any other
significant information (in brief); Its innovative approach to digital publishing
and content technology, has led to several
patents for its products.
Date of Incorporation: 10th March, 2023
Details of Turnover:
1. FY 2025-26: Rs. 33,809 Lakhs
2. FY 2024-25: Rs. 29,662 Lakhs
3. FY 2023-24: Rs. 14,182 Lakhs
(Represents revenue for a six-month
period only, as business operations
commenced on 1 October 2023.)
Locations in which acquired entity has
presence: India, Europe and North America.