Suyog Telematics has executed a Share Purchase Agreement (SPA) on March 31, 2025 with Lotus Tele Infra (Target Company) for acquisition of 95% of the Equity Share Capital of the Target Company. The total cost of acquisition is Rs 13.50 crore. The transaction leads to acquisition of sites owned by Target Company. The company will get its presence in critical Delhi and NCR telecom circles in India which will lead to expansion in its business operations.
Suyog Telematics is a growing passive telecommunication infrastructure provider in India, engaged primarily in the business of installing and commissioning of Poles, Towers and Optical Fibre Cable (OFC) Systems in India.
