Promoter group acquires 25,000 Onward Technologies shares from open market

JHM Enterprises Private Limited, part of Onward Technologies’ promoter group, acquired 25,000 equity shares through the open market. The shares represent 0.11% of the company’s total paid-up share capital, and the filing states that the transaction does not change control.

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
• 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)