In compliance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Le Travenues Technology has informed that the board of directors of the Company at its meeting held on October 24, 2024, has approved entering into definitive agreements to acquire a 51% stake in Zoop Web Services (‘Zoop’) for a total consideration of Rs. 12.54 crore including non-compete fee, subject to the completion of certain conditions precedent, through a combination of secondary and primary share purchases. Additionally, the Company has the option to purchase the remaining stake in the future subject to fulfillment of certain conditions. The requisite details pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 are enclosed in Annexure A.
The above information is a part of company’s filings submitted to BSE.
