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INVENTURUS KNOWLEDGE SOLUTIONS LIMITED — M&A Activity 2026
May 13, 2026
60278_rns_2026-05-13_41ca5171-7a39-4ef3-a3bd-503195c2a4a5.pdf
M&A Activity
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IKS HEALTH
May 13, 2026
BSE Limited
The Listing Department
Phiroze Jeejeebhoy Towers
25th Floor, Dalal Street
Fort, Mumbai 400 001
Maharashtra, India
BSE Scrip Code: 544309
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
NSE Symbol: IKS
Dear Sir/Ma’am,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Acquisition of Arai Solutions Private Limited.
Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we hereby inform that the Board of Directors of Inventurus Knowledge Solutions Limited (“the Company”) at its meeting held today, i.e., May 13, 2026, inter alia, approved:
Acquisition of Arai Solutions Private Limited:
The acquisition of 100% (one hundred percent) of the share capital in Arai Solutions Private Limited, a private limited company incorporated under the laws of India and having its registered office at D-37, Golden Enclave, Airport Road, Vimanapura, Bangalore, Karnataka, 560017, India (the “Target”) for a total cash consideration of INR 11,00,00,000 (Indian Rupees Eleven Crores only) (such acquisition, the “Proposed Acquisition”), and in connection with the same, has approved the execution of a share purchase agreement to be entered into by the Company, with the Target, Mr. Roland Erik Haas and Mr. Asoke Kumar Talukder and all such other agreements, deeds, documents, and instruments as may be required to be executed by the Company in connection with the Proposed Acquisition.
Upon completion of the Proposed Acquisition, the Target shall become a wholly-owned subsidiary of the Company.
The relevant disclosures as required under Regulation 30 of the SEBI LODR Regulations and Part A of Schedule III thereof, read with SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 (Master Circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities) dated January 30, 2026, in relation to the Proposed Acquisition, is enclosed herewith as Annexure - A.
The Board Meeting commenced at 05:15 P.M. IST and concluded at 06:39 P.M. IST.
The aforementioned information is also available on the Company’s website at https://ikshealth.com/investor-relations/.
M/s. Inventurus Knowledge Solutions Limited
801, Building No. 5 & 6, 8th Floor, Mindspace Business Park (SEZ), Thane - Belapur Road, Airoli, Navi Mumbai - 400 708, Thane, Maharashtra, India. | Board: +91 22 3071 1100 | Fax: 91 22 6646 6879 | [email protected] | www.ikshealth.com
Registered Address: 801, Building No. 5 & 6, 8th Floor, Mindspace Business Park (SEZ), Thane - Belapur Road, Airoli, Navi Mumbai - 400 708, Thane, Maharashtra, India. CIN: L72200MH2006PLC337651
PIKS HEALTH
We request you to take the same on your records
Yours sincerely,
For Inventurus Knowledge Solutions Limited
Sameer S Chavan
Digitally signed by
Sameer S Chavan
Date: 2026.05.13
19:50:28 +05'30'
Sameer Chavan
Company Secretary and Compliance Officer
Membership No. F7211
Encl: As above
M/s. Inventurus Knowledge Solutions Limited
801, Building No. 5 & 6, 8th Floor, Mindspace Business Park (SEZ), Thane - Belapur Road, Airoli, Navi Mumbai - 400 708, Thane, Maharashtra, India. | Board: +91 22 3071 1100 | Fax: 91 22 6646 6879 | [email protected] | www.ikshealth.com
Registered Address: 801, Building No. 5 & 6, 8th Floor, Mindspace Business Park (SEZ), Thane - Belapur Road, Airoli, Navi Mumbai - 400 708, Thane, Maharashtra, India. CIN: L72200MH2006PLC337651
IKS HEALTH
ANNEXURE – A
DISCLOSURE UNDER REGULATION 30 OF THE SEBI LODR REGULATIONS READ WITH SEBI CIRCULAR NO. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 DATED JANUARY 30, 2026
Disclosure of Acquisition of Arai Solutions Private Limited
| S. No. | Particulars | Description |
|---|---|---|
| 1. | Name of the target entity, details in brief such as size, turnover etc. | (i) Name of the Target: Arai Solutions Private Limited (“Target”) |
| (ii) Details of the Target: The Target is engaged in the business of providing consultancy services related to artificial intelligence solutions across industries, including in the healthcare space. |
Financial Details of the Target: |
| | | Particulars
FY 2025-26
Amt in INR |
| | | Revenue from operations
5,462,600 |
| | | Other income
75,794 |
| | | Total income
5,538,394 |
| | | Net worth
956,433 |
| 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. | No, the acquisition does not constitute a related party transaction.
The Promoter/ Promoter Group of the Company does not have any interest in the entity being acquired. |
| 3. | Industry to which the entity being acquired belongs. | Information Technology Enabled Services (ITeS) industry. The Target is engaged in providing artificial intelligence solutions, across industries, including in the healthcare space. |
| 4. | Objects and impact 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) | Given the Target’s expertise in applied research in AI-focused services (including software development), the acquisition enables the Company to enhance its existing capabilities and care management workflows as well as accelerate the Company’s AI R&D. |
M/s. Inventurus Knowledge Solutions Limited
801, Building No. 5 & 6, 8th Floor, Mindspace Business Park (SEZ), Thane - Belapur Road, Airoli, Navi Mumbai - 400 708, Thane, Maharashtra, India. | Board: +91 22 3071 1100 | Fax: 91 22 6646 6879 | [email protected] | www.ikshealth.com
Registered Address: 801, Building No. 5 & 6, 8th Floor, Mindspace Business Park (SEZ), Thane - Belapur Road, Airoli, Navi Mumbai - 400 708, Thane, Maharashtra, India. CIN: L72200MH2006PLC337651
HKS
| . | ||
|---|---|---|
| 5. | Brief details of any governmental or regulatory approvals required for the acquisition | Not applicable. |
| 6. | Indicative time period for completion of the acquisition. | By or before June 20, 2026. |
| 7. | Consideration - whether cash consideration or share swap and details of the same | Cash consideration |
| 8. | Cost of acquisition and/or the price at which the shares are acquired. | INR 11,00,00,000 (Indian Rupees Eleven Crores only) |
| 1. | Percentage of shareholding / control acquired and / or number of shares acquired. | The Company will acquire 10,000 equity shares of INR 10/- each in the Target (constituting 100% of total paid-up share capital of the Target). Consequently, the Target will become a wholly owned subsidiary of the Company. |
| 9. | 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). | (i) Brief background: Arai Solutions Private Limited (CIN: U58200KA2024PTC187134), a company incorporated under the laws of India and having its registered office at D-37, Golden Enclave, Airport Road, Vimanapura, Bangalore, Karnataka, 560017, India |
| (ii) Line of business: The Target is engaged in the business of (i) provision of consultancy services related to artificial intelligence solutions, including research and development activities in respect of algorithms and architectures, and the design of algorithms and solutions for deep learning, machine learning, generative artificial intelligence, large language models, natural language processing, symbolic artificial intelligence (including knowledge graphs and logic systems), and hybrid artificial intelligence solutions; (ii) the development of artificial intelligence solutions for cybersecurity; (iii) the development of neural networks and hybrid artificial intelligence systems, including hardware acceleration, parallel computing architectures, for training and inference in large-scale deep neural networks; and (iv) any activities ancillary to the foregoing. | ||
| (iii) Date of incorporation: April 5, 2024 |
M/s. Inventurus Knowledge Solutions Limited
801, Building No. 5 & 6, 8th Floor, Mindspace Business Park (SEZ), Thane - Belapur Road, Airoli, Navi Mumbai - 400 708, Thane, Maharashtra, India. | Board: +91 22 3071 1100 | Fax: 91 22 6646 6879 | [email protected] | www.ikshealth.com
Registered Address: 801, Building No. 5 & 6, 8th Floor, Mindspace Business Park (SEZ), Thane - Belapur Road, Airoli, Navi Mumbai - 400 708, Thane, Maharashtra, India. CIN: L72200MH2006PLC337651
PIKS HEALTH
| (iv) Turnover of last 3 years: | ||
|---|---|---|
| Year | Revenue (in INR) | |
| 2025-26 | 5,462,600 | |
| 2024-25 | 550,555 | |
| 2023-24 | Not applicable, since the Target was incorporated on April 5, 2024 |
(v) Country in which the acquired entity has presence: India
M/s. Inventurus Knowledge Solutions Limited
801, Building No. 5 & 6, 8th Floor, Mindspace Business Park (SEZ), Thane - Belapur Road, Airoli, Navi Mumbai - 400 708, Thane, Maharashtra, India. | Board: +91 22 3071 1100 | Fax: 91 22 6646 6879 | [email protected] | www.ikshealth.com
Registered Address: 801, Building No. 5 & 6, 8th Floor, Mindspace Business Park (SEZ), Thane - Belapur Road, Airoli, Navi Mumbai - 400 708, Thane, Maharashtra, India. CIN: L72200MH2006PLC337651