Detail

Latent View Analytics has received approval from board of directors for strategic investment to acquire up to 100% of the total paid-up equity share capital of Decision Point. The completion of this acquisition is contingent upon the fulfilment of certain terms and conditions as may be stipulated in the Share Purchase agreement (SPA) and Shareholders Agreement (SHA) (hereinafter referred to as ‘Transaction documents’) to be entered by Company with Decision Point and Selling shareholders of the Decision Point. 

The acquisition will be completed in two stages. The acquisition of 70% outstanding equity share capital on a fully diluted basis within 90 days of execution of the transaction documents, while Acquisition of the balance 30% of the outstanding equity share capital on a fully diluted basis will be completed in one or more tranches before the close of June, 2026. The Board of Directors of the company at their meeting held on March 28, 2024 has inter-alia approved the same. 

Latent View Analytics designs and engineers result-oriented analytics solutions, which enables to make intelligent decisions.