DRC Systems to acquire majority stake in Inexture Solutions
By Aditya Bhagchandani Published on June 17, 2025, 12:47 IST
DRC Systems India Limited shares are likely to be in focus after the company's board approved a strategic investment in Inexture Solutions Limited. As per the filing dated June 17, the acquisition will result in Inexture becoming a subsidiary of DRC Systems.
The acquisition, expected to be completed within 60 days pending due diligence, involves a cash consideration not exceeding Rs 1 crore for up to 50.10% stake. Inexture, founded in November 2023, specializes in advanced IT services including software development, cloud services, and digital transformation solutions with technologies like Python, Java, FullStack, and Liferay. It reported a turnover of Rs 812.97 lakh in FY24.
This move aligns with DRC's vision to scale its technological capabilities and expand its digital offerings. The transaction is not a related party deal, and no regulatory approvals are required.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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