Virtuous Capital Limited has disclosed a substantial disposal of equity shares in paramatrix technologies . The transactions were carried out in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were sold via open market operations over several trading days in late April and early May 2026.

Details of the Disposal

The acquirer, along with Persons Acting in Concert (PAC), sold a total of 2,76,600 shares. The sales occurred on six distinct dates, with the volume varying each day. Prior to these transactions, the entity held 7,51,550 shares, which represented 6.80% of the total share capital.

The table below outlines the specific dates and the number of shares sold on each occasion:

Post-Transaction Status

Following the sale of 2,76,600 shares, the total holding of the acquirer and PACs stands at 7,51,550 shares. This represents 6.80% of the total voting capital of Paramatrix Technologies Limited. The disclosure confirmed that the acquirer does not belong to the Promoter or Promoter group of the target company. The equity shares sold carried full voting rights.

Paramatrix Technologies Limited announced a significant achievement for its AI-driven gamification platform PLAYMITY, which won the Best Product Innovation Award in the BFSI category at the 4th BFSI Tech Summit & Awards 2026. The recognition came during the summit held at ITC Maratha, Mumbai on April 17, 2026, highlighting the company's growing focus on AI-led, outcome-driven platforms.

Award Recognition and Industry Platform

The award recognizes breakthrough innovation in technology solutions within the banking, financial services, and insurance sector. Organized by UBS Forums, the summit brings together senior leaders across banking, financial services, and insurance to discuss digital transformation, AI, data, and customer experience innovation.

Paramatrix participated in the event as an Exhibit Partner, where it showcased its digital transformation capabilities and engaged with key decision-makers across the BFSI ecosystem. The recognition at this platform reinforces the company's increasing visibility and credibility among leading financial institutions.

PLAYMITY Platform Features

PLAYMITY is Paramatrix's proprietary AI-driven gamification platform designed to drive performance across organizations. The platform offers comprehensive capabilities that address multiple business challenges:

• Enhances sales productivity and frontline performance
• Improves employee engagement through gamified workflows
• Enables measurable business outcomes with real-time tracking
• Leverages behavioral intelligence and personalized nudges
• Integrates seamlessly with existing enterprise systems
• Helps translate strategy into consistent on-ground execution

Strategic Milestone and Leadership Commentary

This recognition marks an important milestone in Paramatrix's journey of building scalable, IP-led solutions, strengthening its positioning beyond services into high-value digital platforms.

Commenting on the award win, Mr. Mukesh Thumar, Founder, Managing Director & CEO of Paramatrix Technologies Limited, said: "We're genuinely pleased to see PLAYMITY being recognized at a platform like this. It reflects the effort our teams have put into building something that delivers real, on-ground impact. As we look ahead, we remain focused on scaling such platforms and continuing to solve practical business challenges through AI-led innovation."

Company Background and Performance

Paramatrix Technologies Limited is a technology-driven company specializing in IT solutions, custom software development, and innovative product offerings. Established in 2004, the company has built a reputation for delivering solutions tailored to meet the unique needs of clients across diverse industries including finance, banking, insurance, healthcare, and education.

The company operates with a mission to empower businesses through technology and serves a wide array of industries. Its commitment to innovation and excellence has positioned it as a trusted partner for organizations aiming to achieve sustainable growth and operational efficiency.