Orient Technologies Limited has announced a strategic move to potentially acquire stakes in three private companies, marking a significant expansion in its IT and telecommunications portfolio. The board of directors approved the proposal during a meeting held on October 16, 2025, as disclosed in a regulatory filing.

Acquisition Details

The proposed acquisition involves three target companies:

The total acquisition cost amounts to ₹971.00 crores, to be paid in cash consideration.

Strategic Alignment

The acquisition aligns with Orient Technologies' strategic goal of expanding its presence in key areas:

• IT Hardware & Networking Solutions
• Telecommunications & IT Infrastructure Services
• Software Development & IT Services

By leveraging the expertise of the acquired companies, Orient Technologies aims to enhance its security service offerings and strengthen its market position.

Target Companies' Profiles

Athena IT & Telecom Private Limited

• Business: Sale of hardware products, Meraki licenses, consulting, and business services
• Incorporation Date: June 29, 2009
• Recent Turnover (2024-25): ₹23.43 crores

AIT Internet Services Private Limited

• Business: Erection, Commission and Installation, Internet Telecommunication Service, IT Software Service
• Incorporation Date: July 21, 2014
• Recent Turnover (2024-25): ₹10.11 crores

Red Hut Innovation Technology Private Limited

• Business: Software publishing, consultancy, and supply of ready-made software
• Incorporation Date: October 10, 2013
• Recent Turnover (2024-25): ₹8.33 crores

Transaction Timeline

The acquisition is expected to be completed within 30 days, subject to mutual agreement on definitive terms between the parties involved.

Regulatory Compliance

Orient Technologies has stated that the acquisition does not fall under related party transactions and does not require any governmental or regulatory approvals.

This strategic move by Orient Technologies demonstrates the company's commitment to expanding its technological capabilities and market reach in the IT and telecommunications sectors. The successful completion of these acquisitions may position the company for enhanced growth and competitiveness in the rapidly evolving tech landscape.

Orient Technologies Limited has announced a significant corporate development that could potentially reshape its business landscape. The company has scheduled a Board of Directors meeting for October 16, 2025, to deliberate on a proposal for acquiring three IT and telecom-focused companies.

Acquisition Proposal Details

The Board will consider the potential acquisition of:

1. Athena IT & Telecom Private Limited
2. AIT Internet Services Private Limited
3. Red Hut Innovation Technology Private Limited

It's important to note that the acquisition proposal is subject to mutual agreement between the parties involved, contingent on terms and conditions to be outlined in a definitive agreement.

Meeting Logistics and Compliance

The board meeting is set to be conducted through video conferencing or other audio-visual means, adhering to modern corporate governance practices. This approach allows for efficient decision-making while ensuring the safety and convenience of all participants.

Regulatory Compliance and Transparency

In line with regulatory requirements, Orient Technologies has duly informed both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) about the upcoming board meeting. This transparency aligns with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Trading Window Closure

As part of its commitment to prevent insider trading and maintain market integrity, Orient Technologies has implemented a trading window closure. The company's "Code of Conduct to Regulate, Monitor and Report Trading by designated persons in securities of the Company" stipulates that:

This measure ensures that individuals with potential access to price-sensitive information are restricted from trading in the company's securities during this critical period.

Potential Impact and Outlook

While the outcome of the board meeting remains to be seen, the proposed acquisitions, if approved and executed, could significantly expand Orient Technologies' capabilities in the IT and telecom sectors. These strategic moves may potentially enhance the company's service offerings, market presence, and competitive positioning in the rapidly evolving technology landscape.

Investors and market observers will be keenly watching the developments from this board meeting, as it could mark a pivotal moment in Orient Technologies' growth trajectory. However, it's crucial to remember that the proposal is still under consideration, and the final decision will depend on various factors, including the terms of the potential agreements.

Stakeholders are advised to stay tuned for further updates from the company and make informed decisions based on official announcements and thorough analysis.