Update on acquisition of Securens Systems Private Limited
What happened
FactCMS Info Systems Limited has completed the acquisition of an additional 64,098 Compulsorily Convertible Preference Shares in Securens Systems Private Limited, increasing its total holding to 56.17% of Securens' share capital on a fully diluted basis. This acquisition is part of a multi-tranche arrangement, and the company plans to acquire the remaining shares in future transactions. Further updates will be provided upon the completion of each transaction.