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As on : 04-Sep-2026
Corporate News
04-Sep-2026     01:06

One Global Service Provider increases share capital, acquires Matrix Labs for Rs. 3,56,35,320 each

One Global Service Provider Limited is increasing its authorized share capital from Rs. 25,05,00,000 to Rs. 50,00,00,000 through a preferential allotment of equity shares and the acquisition of Matrix Labs Diagnocare Private Limited and Matrix Labs Private Limited. The company will allot 7,15,040 shares at a price of Rs. 553 per share, with Mr. Suresh receiving 6,66,200 shares, representing a 3.29% stake, and Mr. Nithya S receiving 48,840 shares, or 0.24% of the company. The total consideration for the acquisitions is Rs. 3,56,35,320 for each target company. The transaction, which involves related parties, requires scrutiny, and the ultimate beneficiaries of the selling shareholders are currently listed as "Not Applicable," raising questions about potential conflicts of interest.

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