Promoter of the Company has acquired 30,127 Equity Shares which comprises of 0.13% of the total
As filed · Updates
M&AMajormateriality 82 out of 100
What happened
FactPromoter of the Company has acquired 30,127 Equity Shares which comprises of 0.13% of the total.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnEarlierQ1 FY26
we are committed and are working very hard to deliver double-digit revenue growth and double-digit EBITDA margin on an annual basis.
NowQ1 FY26
we are committed and are working very hard to deliver double-digit revenue growth and double-digit EBITDA margin on an annual basis.
Change
FactGuidance withdrawn
Implication
CapitSignal interpretationDetected a change between two statements on this topic.confidence 60%
Watch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- We continue to target double-digit revenue growth and double-digit EBITDA growth for FY27. (management committed by FY27)
- I think that's a realistic expectation. (management committed by FY27)
Evidence
- Onward Technologies Limited has informed the Exchange regarding 'Acquisition of 30,127 Equity Shares by Mrs Prachi Mehta, Promoter of the Company fromthe Open Market'.(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
- Earlier statement · Q1 FY26
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%