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/-