GVP Infotech has received approval to acquire 51% equity stake of ESAAS Technologies. The board of directors of the company at their meeting held on August 10, 2026 have approved the same. The cost of the said acquisition is Rs 20 lakh.
This acquisition will enable the company to provide its payment systems to the clients of the ESAAS Technologies as it is into same line of business activities of payment processing. The transaction is expected to be completed in 7 working days from August 10, 2026.
GVP Infotech (formerly known as Fourth Dimension Solutions) is an India-based information technology (IT) and cable infrastructure company which provides end−to−end IT / ITEs and telecom solutions combined with technical support and operations outsourcing.
| Company Name | CMP |
|---|---|
| TCS | 2427.15 |
| Infosys | 1186.70 |
| HCL Technologies | 1364.10 |
| Wipro | 183.85 |
| Tech Mahindra | 1652.65 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: