NSEAcquisition10 Aug 2026 · 10 Aug 2026, 06:18 pm
Acquisition
GVP Infotech Limited · GVPTECH
✦ AI SummaryM&A
GVP Infotech Limited has acquired a 51% stake in ESAAS Technologies Private Limited, a fintech company providing bank-agnostic, API-first technology infrastructure to enable businesses to manage and reconcile funds across multiple banking and payment ecosystems.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10
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Full Announcement
GVP Infotech Limited has informed the Exchange about Acquisition of 51% of equity stake of ESAAS Technologies Private Limited
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4THDIM_10082026181743_Regu_30_Disclosure-SE.pdf
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August 10, 2026
The Manager,
The National Stock Exchange of India Ltd.,
Exchange Plaza, 5 Floor, Plot C/1, G Block,
Bandra - Kurla Complex, Bandra (E),
Mumbai 400 051.
Symbol: - GVPTECH ISIN: INE382T01030
Dear Sir/Madam,
Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 – Acquisition of 51%
equity stake of ESAAS TECHNOLOGIES PRIVATE LIMITED
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III and the SEBI Master Circular No.
SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 Master
applicable provisions of the SEBI Listing Regulations, we hereby inform you that the Board of
(‘SEBI Circular’)and other
Directors of the Company, at their meeting held today, i.e. Monday , 10th August 2026 have
approved acquisition of 51% of equity stake of ESAAS Technologies Private Limited.
Details as required under Regulation 30 read with Schedule III of the Listing Regulations and SEBI
Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120dated July 11, 2023, have been
provided as ‘Annexure-A’ to this disclosure.
Further, the Meeting of the Board of Directors of the Company concluded at 4:35 p.m.
Kindly take the above intimation on record.
Thanking you,
Yours sincerely,
For GVP Infotech Limited
Dhaval Mistry
Director
(DIN: 03411290)
Annexure A
Details as required under Regulation 30 read with Schedule III of the Listing Regulations
and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023
a) Name of the target entity ESAAS TECHNOLOGIES PRIVATE LIMITED
b) Whether the acquisition would The acquisition is not a related party transaction
fall within related party
transaction(s) and whether the interest in the above transaction.
and none of the Company’s promoter have any
promoter/ promoter group/
group companies have any
interest in the entity being
acquired? If yes, nature of
interest and details thereof and
whether the same is done at
c) “Inardmus’st rlye ngttoh ”;which the entity FinTech (Financial Technology) Banking and
being acquired belongs; Payments Infrastructure
d) Objects and impact of acquisition The said acquisition will enable the Company to
(including but not limited to, provide its payment systems to the clients of the
disclosure of reasons for target entity as target entity is into same line of
acquisition of target entity, if its business activities of payment processing.
business is outside the main line
of business of the listed entity);
e) Brief details of any governmental The Company does not require any governmental
or regulatory approvals required or regulatory approval for the said acquisition.
for the acquisition;
f) indicative time period for The transaction is expected to be completed in 7
completion of the acquisition; working days from today (10/08/2026).
g) consideration - whether cash Consideration is cash Consideration for said
consideration or share swap or acquisition
any other form and details of the
same;
h) cost of acquisition and/or the An aggregate consideration for proposed
price at which the shares are
acquired; Only)
acquisition is ₹20,00,000 (Rupees Twenty Lakhs
i) percentage of shareholding / • The Company will acquire a 51% shareholding
control acquired and / or number in ESAAS TECHNOLOGIES PRIVATE LIMITED.
of shares acquired; • Post Acquisition the ESAAS TECHNOLOGIES
PRIVATE LIMITED will become subsidiary of
the Company.
j) Brief background about the The ESAAS TECHNOLOGIES PRIVATE LIMITED ,
entity acquired in terms of was incorporated in India on September 30th,
products/line of business 2021.
acquired, date of incorporation,
The Entity is a DPIIT-registered fintech company
history of last 3 years turnover,
providing bank-agnostic, API-first technology
country in which the acquired
infrastructure to enable businesses to move,
entity has presence and any other
manage, control and reconcile funds across
significant information (in brief);
multiple banking and payment ecosystems.
The details of Turnover for last three years are as
follows:
Sr Financial
Turnover (INR)
No Year
1. 2 025-26 98,03,536/-
2. 2 024-25 1,38,85,602/-
3. 2 023-24 2,15,28,004/-