Infonative Solutions Limited has approved the acquisition of a 51% stake in Digital Benchers Private Limited for ₹1.68 crore. This strategic move, approved by the Board of Directors on August 11, 2026, will make Digital Benchers a subsidiary of Infonative Solutions. The acquisition aims to leverage AI technologies to transform education, benefiting institutions and stakeholders by improving quality and employability.
Board Approves Strategic Acquisition
Infonative Solutions Limited announced today, August 11, 2026, that its Board of Directors has approved a significant strategic acquisition. The company will acquire 5,100 equity shares, representing a 51% stake, in Digital Benchers Private Limited. This acquisition is set to make Digital Benchers Private Limited a subsidiary of Infonative Solutions Limited, marking a key step in the company’s growth strategy.
Target Entity and Rationale
Digital Benchers Private Limited, incorporated on July 25, 2024, is engaged in AI-Based Education Technology Solutions, Information Technology, Software, and AI Services. The company’s authorized capital stands at ₹10,00,000 with a paid-up capital of ₹1,00,000, and it reported a turnover of ₹2,839,759 for the financial year ended March 31, 2026. The acquisition’s primary objective is to develop and transform the quality of education through advanced AI technologies, aiming for overall quality improvement and enhanced employability.
Transaction Details
The acquisition involves a cash consideration of ₹1,68,30,000. This transaction is being undertaken on an arm’s length basis and complies with all applicable provisions of the Companies Act, 2013, and SEBI Listing Regulations, 2015. The acquisition does not fall within the ambit of a related party transaction. The shareholders and Directors of Digital Benchers Private Limited from whom the shares are being acquired are Mr. Ashish Kumar, Mr. Amit Shishodia, Mr. Sunny Rustagi, and Mr. Quasif Mohaboob Ansari.
Impact and Future Outlook
Upon completion, the integration of Digital Benchers Private Limited is expected to significantly bolster Infonative Solutions’ capabilities in the education technology sector. The company aims to offer consultancy, advisory, and related services across various IT domains, including artificial intelligence and software development, specifically focusing on enhancing educational outcomes. The transaction is anticipated to be completed in due course.
Source: BSE