CapitalNumbers Infotech has made a partial payment of USD 24,51,288.49 (equivalent to INR 23.40 crore) towards the acquisition of a 100% stake in Epitome Cloud Inc. This payment marks a significant step in the company’s strategic expansion, fulfilling initial obligations under the Stock Purchase Agreement (“SPA”) signed earlier this year.

The transaction involves the direct acquisition of Epitome Cloud Inc. and the indirect acquisition of its Indian subsidiary, Epitomecloud Technology Private Limited. The total purchase consideration for the deal is approximately INR 40 crore. The remaining portion of the consideration will be paid to the existing shareholders of Epitome Cloud Inc. in accordance with the terms outlined in the SPA.

Deal Structure and Timeline

The company had previously intimated the stock exchanges on July 3, 2026, regarding the entry into the SPA. Further details required under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, were submitted to the stock exchange on May 28, 2026, and July 3, 2026.

What the Numbers Show

The upfront payment constitutes approximately 58.5% of the total declared consideration of INR 40 crore. This substantial initial outlay suggests a structured approach to closing the deal, potentially linked to specific milestones or regulatory clearances defined within the SPA. The remaining balance indicates that final adjustments or contingent payments may still be pending.

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Sikha Banka, Company Secretary & Compliance Officer, signed the intimation on August 13, 2026.

capitalnumbers infotech has entered into a definitive agreement to acquire 100% ownership of Epitome Cloud Inc for approximately ₹40 crore. The transaction, structured as a stock purchase agreement, also includes the indirect acquisition of Epitome Cloud's Indian subsidiary, Epitomecloud Technology Private Limited. This strategic move aims to strengthen the acquirer's capabilities in Salesforce-led digital transformation and expand its footprint in the US market.

The Board of Directors at CapitalNumbers Infotech Limited authorized the execution of the stock purchase agreement on May 28, 2026. The consideration of ₹40 crore is subject to net working capital and other mutually agreed adjustments between the parties. The company stated that the proposed acquisition does not fall within related party transactions and that no promoter or group companies hold any interest in the target entity.

Epitome Cloud Inc, incorporated on June 23, 2020, is a US-incorporated technology services company headquartered in New Jersey. The target specializes in digital transformation and enterprise platform services, including Salesforce consulting, revenue lifecycle transformation, and enterprise workflow automation. Its technology ecosystem expertise includes Salesforce, Conga, Agiloft, and Onit.

The standalone turnover of Epitome Cloud Inc for the past three calendar years shows fluctuations. The company reported revenue of $3,281,880 in CY 2023, which rose to $4,116,898 in CY 2024 before declining to $2,867,087 in CY 2025. The acquisition aligns with the strategic objectives disclosed in CapitalNumbers Infotech Limited's initial public offering (IPO) and supports its long-term growth plans.

Management expects the transaction to enhance international delivery capabilities and create opportunities for cross-selling services across existing and future clients. Subject to the fulfilment of customary condition precedents, the acquisition is anticipated to be completed within 8 to 12 weeks. No specific governmental or regulatory approvals were listed as required for the completion of this transaction.

Financial Performance of Epitome Cloud Inc