Update on acquisition of Securens Systems Private Limited

CMS Info Systems Limited has completed the acquisition of an additional 12,06,150 equity shares in Securens Systems Private Limited, increasing its total holding to 99.50% of Securens' share capital. The company plans to acquire the remaining shares of Securens in one or more tranches and will provide further updates upon completion of each transaction.

An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.

• Consideration and how it is funded
• Revenue and profit of the target
• Expected completion date
• The services revenue component of this should be in the range of INR 2,700 crores to INR 2,800 crores. (management committed by FY27)
• Overall revenue for FY 2027 should be in the INR 2,800 crores to INR 2,900 crores range. (management committed by FY27)