Datamatics Global Services Limited — Capital/Financing Update 2019

Mar 19, 2019

Objects and effects of acquisition	The objective of this acquisition is to further
(includingbutnotlimitedto,	strengthen Datamatics' enterprise mobility
disclosureofreasonsfor	offerings through target Company's range of
acquisition of target entity, if its	smart technology solutions.
business is outside the main line
of business of the listed entity).	Itwillenabletheacquirerandtarget
	Company to offer wider and comprehensive
	suite of solutions to their existing customers
	and expand operations in India and US.
	With acquisition of additional 10% stake, the
	Company'sstakeinDatamaticsDigital
	Limited increases to 81.1%
Brief details of any governmental	Not Applicable.
or regulatory approvals required
for the acquisition.
Indicativetimeperiodfor	On or before March 31, 2019.
completion of the acquisition.
Nature of consideration-whether	Cash Consideration.
cash consideration or share swap
and details of the same.
Cost of acquisition or the price at	INR 5,50,00,000/-(INR Five Crore Fifty
which the shares are acquired.	Lakhs only).
Percentageofcontrol/	Percentage of Equity Shareholding-10%
shareholding/acquired and/or	Equity Shareholding.
number of shares acquired.
	Number of Equity Shares- 5,50,000.

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