Axentra Corp Limited secured a 100% stake in Australian AI infrastructure firm Emageia Pty Ltd for a total consideration of ₹37.13 crore. The deal, approved by the board on September 7, 2026, combines a cash payment of ₹18.09 crore with a share swap valued at ₹19.04 crore.

The acquisition marks Axentra’s strategic entry into the AI and enterprise IT infrastructure space. Emageia, operating under the brand Kyber Marketplace, reported total revenue of AUD 10.17 lakh for the year ended March 31, 2026. This represents a significant jump from AUD 2.90 lakh in FY25, signaling rapid early-stage growth for the target entity.

Capital Raise and Share Issuance

To fund the transaction and expand its capital base, Axentra increased its authorized share capital from ₹35 crore to ₹70 crore. The company also approved a preferential issue of securities at ₹27 per unit:

• Share Swap: 70.53 lakh equity shares issued to TK7 Holdings Pty Ltd (sole shareholder of Emageia) in lieu of cash consideration.
• Cash Equity: 1.26 crore equity shares allotted to public investors and promoters.
• Convertible Warrants: 1.82 crore warrants issued to promoters and public investors, convertible into equity within 18 months.

What the Numbers Show

The acquisition structure reveals a heavy reliance on equity dilution to minimize immediate cash outflow. Of the ₹37.13 crore total purchase price, approximately 51% was settled through the issuance of new shares rather than cash. This allows Axentra to preserve liquidity while integrating Emageia’s recurring revenue model from proprietary software tools.

Corporate Governance Updates

The board also approved the reappointment of M/S M Sahu & Co as statutory auditors for four years, until the conclusion of the AGM for FY30. The 34th Annual General Meeting is scheduled for September 30, 2026, in Chennai. The share transfer books will remain closed from September 24 to September 30, 2026.

Axentra Corp Limited has signed a Share Purchase Agreement (SPA) to acquire a 51% stake in Fore Solutions Private Limited, marking a strategic expansion of its subsidiary portfolio. The agreement was executed on May 3, 2026, with the selling shareholders of the target company. Upon completion of the share transfer, Fore Solutions Private Limited will become a subsidiary of Axentra Corp Limited.

The transaction follows a Board Meeting Outcome dated May 25, 2026, where the company formally approved the strategic move. The completion of the acquisition remains contingent upon the transfer of shares, for which the company has indicated it will provide a separate update to the stock exchanges.

The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, referencing SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Transaction Details

The key parameters of the acquisition are outlined below:

The filing was submitted by Manisha Roopchand Sharma, Company Secretary & Compliance Officer of Axentra Corp Limited. The company, formerly known as Dugar Housing Developments Limited, is listed on BSE Limited.