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GVP Infotech gets nod to acquire 51% stake in ESAAS Technologies

11 Aug 2026 Evaluate

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.

Peers
Company Name CMP
TCS 2427.15
Infosys 1186.70
HCL Technologies 1364.10
Wipro 183.85
Tech Mahindra 1652.65
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