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Methodhub Software Limited — M&A Activity 2026
Feb 6, 2026
59939_rns_2026-02-06_2007caa7-54f6-4971-8cbb-1cd12be032bf.pdf
M&A Activity
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Date: February 06, 2026
To
BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai – 400001
Scrip Code – 544637
Sub: Outcome of Board Meeting
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Board of Directors of MethodHub Software Limited (“the Company”) in their meeting held on Friday, February 06, 2026 have approved to acquire 60% equity stake in Sewtech Inc., a company incorporated under the laws of the State of Florida, USA, from Idea Scaler Holdings LLC, a company incorporated under the laws of the State of Delaware, USA.
It was further informed that the said 60% equity stake shall be acquired by purchasing 6,000 equity shares for a total consideration of USD 2.66 million (approximately INR 240 million).
The Board meeting commenced at 5:00 PM (IST) and concluded at 5:12 PM (IST)
The disclosures in respect of the said acquisition, as required under Regulation 30 of the SEBI Listing Regulations, read with Schedule III thereto and the SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, is also attached as Annexure – A to this letter.
The same is also available on the Company's website at https://methodhub.in/ .
We request to take the same on record.
For MethodHub Software Limited
S Digitally signed by S MUTHUKRISHNAN MUTHUKRISH Date: 2026.02.06 NAN 17:49:31 +05'30' Muthukrishnan Shanmuga Thevar Company Secretary & Compliance Officer Membership No. A61530
MethodHub Software Limited (Formerly known as MethodHub Software Private Limited) CIN: U74900KA2016PLC085743 Reg Office: Unit No. 109, 1st Floor, Prestige Meridian-1 No.29, M.G. Road, Bangalore, Karnataka, India, 560001
Phone: +91 80-40979238 Email id: [email protected] Website: www.methodhub.in
Annexure – A
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Required disclosures in respect of acquisition of a company, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), read with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023:
| Sl. No | Particulars | |
|---|---|---|
| **1. ** | Name of the target entity, details in brief such as size, turnover, etc. |
a. Sewtech INC, b. Size and Turn Over: USD 15.68 Million |
| **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". |
Not applicable |
| **3. ** | Industry to which the entity being acquired belongs. |
Information Technology (IT) Services, including software consultancy, application development, implementation, and support services. |
| **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). |
Objects: To pursue inorganic growth and to acquire end customer engagements including on site presence. Reason:NA |
| **5. ** | Brief details of any governmental or regulatory approvals required for the acquisition. |
Not applicable |
| **6. ** | Indicative time period for completion of the acquisition. |
With in 30 days |
| **7. ** | 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 2.66 million (approximately INR 240 million). |
| **9. ** | Percentage of shareholding /control acquired and/ or number of shares acquired. |
a. Percentage of shareholding /control acquired - 60% b. Number of shares acquired: 6000 Shares. |
| **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). |
a. Date of Incorporation: October 24, 2018 Registered office/Correspondence Address: 4530 Orange Blossom Trail, Suite 520, Orlando, Florida 32839. b. Brief background of the Target Company: History of last 3 years turnover: |
MethodHub Software Limited (Formerly known as MethodHub Software Private Limited) CIN: U74900KA2016PLC085743 Reg Office: Unit No. 109, 1st Floor, Prestige Meridian-1 No.29, M.G. Road, Bangalore, Karnataka, India, 560001
Phone: +91 80-40979238 Email id: [email protected] Website: www.methodhub.in
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2023 USD 17.75 Million 2024 USD 11.27 Million 2025 USD 15.68 Million
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c. Country in which the acquired entity has presence and any other significant information : Sewtech INC is incorporated in Florida, USA. The company has 51% equity share holding in Nemera Technologies Co. Ltd., Bangkok, Thailand. Accordingly, Nemera Technologies Co. Ltd. is a stepdown subsidiary of Methodhub Software Limited.
MethodHub Software Limited (Formerly known as MethodHub Software Private Limited) CIN: U74900KA2016PLC085743 Reg Office: Unit No. 109, 1st Floor, Prestige Meridian-1 No.29, M.G. Road, Bangalore, Karnataka, India, 560001 Phone: +91 80-40979238 Email id: [email protected] Website: www.methodhub.in