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INVENTURUS KNOWLEDGE SOLUTIONS LIMITED Capital/Financing Update 2025

Apr 22, 2025

60278_rns_2025-04-22_2f17e04b-021c-441c-8fb3-0fe57ba3388a.pdf

Capital/Financing Update

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April 22, 2025

BSE Limited

The Listing Department Phiroze Jeejeebhoy Towers 25[th] Floor, Dalal Street Fort, Mumbai 400 001 Maharashtra, India

National Stock Exchange of India Limited

The Listing Department Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex Bandra (East), Mumbai 400051 Maharashtra, India

BSE Scrip Code: 544309

NSE Symbol: IKS

Dear Sir/Ma’am,

Subject : Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) – Further investment in Inventurus Knowledge Solutions, Inc., a wholly owned subsidiary.

Pursuant to provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company has made a further investment of USD 14,500,528 in Inventurus Knowledge Solutions, Inc. (“IKS Inc”), a wholly owned subsidiary of the Company.

The relevant disclosure as required under Regulation 30 of the SEBI LODR read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexure -I .

Kindly take the above-mentioned information on record.

Thanking you,

Yours sincerely

For Inventurus Knowledge Solutions Limited

Sameer Digitally signed by Sameer Shashikant Shashikant Chavan Chavan Date: 2025.04.22 20:19:15 +05'30' Sameer Chavan

Company Secretary and Compliance Officer

Membership No.: F7211

Enclosure: As above

ANNEXURE – I

DISCLOSURE UNDER REGULATION 30 OF THE SEBI LODR READ WITH SEBI MASTER CIRCULAR NO. SEBI/HO/CFD/POD2/CIR/P/0155 DATED NOVEMBER 11, 2024

Sr.
No.
Particulars Details Details
1. Name of the target entity, details in
brief such as size, turnover etc.
Inventurus Knowledge Solutions Inc. (“IKS Inc.”) is a wholly
owned subsidiary of the Company.
IKS Inc. is engaged in providing a care enablement platform
which comprises of technology enabled solutions for
healthcare providers.
Financial Details of IKS Inc:
Particulars
Amt in INR Mn
FY 2023-24
Revenue from Operations
7,027.85
Other Income
39.73
Total Income
7,067.58
Particulars Amt in INR Mn
FY 2023-24
Revenue from Operations 7,027.85
Other Income 39.73
Total Income 7,067.58
2. Whether the acquisition would fall
within related party transaction(s) and
whether the promoter/ promoter
group/ group companies have any
interest in the entity being acquired?
If yes, nature of interest and details
thereof and whether the same is done
at "arm’s length"
IKS Inc is a wholly owned subsidiary of the Company and
therefore related party, and a transaction is on an arm’s
length basis.
None of the Company’s promoter / promoter group /
group companies have any interest in the said transaction.
3. Industry to which the entity being
acquired belongs
Care enablement platform which comprises of technology
enabled solutions for healthcare providers.
4. Objects and effects of acquisition
(including
but
not
limited
to,
disclosure of reasons for acquisition of
target entity, if its business is outside
the main line of business of the listed
entity)
Working Capital
5 Brief details of any governmental or
regulatory approvals required for the
acquisition
Not Applicable
On or before May 31, 2025.
Cash Consideration
USD 627.81 per share
No. of equity shares acquired: 23,097
IKS Inc is a wholly owned subsidiary of the Company and with
the aforesaid investment, the shareholding percentage of
the Company in IKS Inc remains the same.
IKS Inc. was incorporated on September 19, 2006 under the
laws of the State of Delaware, USA.
IKS Inc. is engaged in the business of assisting U.S. based
healthcare service providers deliver better, safer, and more
efficient care using a combination of outsourcing and
technology. It has its principal place of business in the U.S.
Amt in INR Mn
Particulars
FY 2023-24
FY 2022-23
FY 2021-22
Revenue
from
operations
7,027.85
6,054.66
4,745.92
On or before May 31, 2025.
Cash Consideration
USD 627.81 per share
No. of equity shares acquired: 23,097
IKS Inc is a wholly owned subsidiary of the Company and with
the aforesaid investment, the shareholding percentage of
the Company in IKS Inc remains the same.
IKS Inc. was incorporated on September 19, 2006 under the
laws of the State of Delaware, USA.
IKS Inc. is engaged in the business of assisting U.S. based
healthcare service providers deliver better, safer, and more
efficient care using a combination of outsourcing and
technology. It has its principal place of business in the U.S.
Amt in INR Mn
Particulars
FY 2023-24
FY 2022-23
FY 2021-22
Revenue
from
operations
7,027.85
6,054.66
4,745.92
On or before May 31, 2025.
Cash Consideration
USD 627.81 per share
No. of equity shares acquired: 23,097
IKS Inc is a wholly owned subsidiary of the Company and with
the aforesaid investment, the shareholding percentage of
the Company in IKS Inc remains the same.
IKS Inc. was incorporated on September 19, 2006 under the
laws of the State of Delaware, USA.
IKS Inc. is engaged in the business of assisting U.S. based
healthcare service providers deliver better, safer, and more
efficient care using a combination of outsourcing and
technology. It has its principal place of business in the U.S.
Amt in INR Mn
Particulars
FY 2023-24
FY 2022-23
FY 2021-22
Revenue
from
operations
7,027.85
6,054.66
4,745.92
On or before May 31, 2025.
Cash Consideration
USD 627.81 per share
No. of equity shares acquired: 23,097
IKS Inc is a wholly owned subsidiary of the Company and with
the aforesaid investment, the shareholding percentage of
the Company in IKS Inc remains the same.
IKS Inc. was incorporated on September 19, 2006 under the
laws of the State of Delaware, USA.
IKS Inc. is engaged in the business of assisting U.S. based
healthcare service providers deliver better, safer, and more
efficient care using a combination of outsourcing and
technology. It has its principal place of business in the U.S.
Amt in INR Mn
Particulars
FY 2023-24
FY 2022-23
FY 2021-22
Revenue
from
operations
7,027.85
6,054.66
4,745.92
6. Indicative time period for completion
of the acquisition
On or before May 31, 2025.
7. Nature of consideration - whether
cash consideration or share swap and
details of the same
Cash Consideration
8. Cost of acquisition or the price at
which the shares are acquired
USD 627.81 per share
9. Percentage of shareholding / control
acquired and / or number of shares
acquired.
No. of equity shares acquired: 23,097
IKS Inc is a wholly owned subsidiary of the Company and with
the aforesaid investment, the shareholding percentage of
the Company in IKS Inc remains the same.
10. Brief background about the entity
acquired in terms of products / line of
business
acquired,
date
of
incorporation, history of last 3 years
turnover, country in which the
acquired entity has presence and any
other significant information (in brief);
IKS Inc. was incorporated on September 19, 2006 under the
laws of the State of Delaware, USA.
IKS Inc. is engaged in the business of assisting U.S. based
healthcare service providers deliver better, safer, and more
efficient care using a combination of outsourcing and
technology. It has its principal place of business in the U.S.
Amt in INR Mn
Particulars
FY 2023-24
FY 2022-23
FY 2021-22
Revenue
from
operations
7,027.85
6,054.66
4,745.92
Particulars FY 2023-24 FY 2022-23 FY 2021-22
Revenue
from
operations
7,027.85 6,054.66 4,745.92