MapmyIndia has announced the acquisition of a stake in Iwayplus Private Limited. The acquisition involves 3500 CCPS (Compulsory Convertible Preference Shares) with a face value of ₹10 per CCPS and a premium of ₹5704.28 per CCPS. The total amount of the transaction is approximately ₹2.00 Cr. The announcement was made on January 15, 2026.
Stake Acquisition Details
MapmyIndia has completed an acquisition of stake in Iwayplus Private Limited. The acquisition involves 3500 Compulsory Convertible Preference Shares (CCPS).
Financial Details of the Acquisition
The key financial details of the stake acquisition are as follows:
- Total CCPS Acquired: 3500
- Face Value per CCPS: ₹10
- Premium per CCPS: ₹5704.28
- Total Amount: ₹2.00 Cr (approx.)
The announcement was officially made on January 15, 2026.
Source: BSE
