C.E. Info Systems Completes Stake Acquisition in Iwayplus
Filing Summary
C.E. Info Systems Ltd has completed the acquisition of a stake in Iwayplus Private Limited. The transaction involved the acquisition of 3500 Compulsorily Convertible Preference Shares (CCPS) at a face value of INR 10 per share and a premium of INR 5704.28 per share, totaling approximately INR 2 crore. This update follows the initial announcement made on January 12, 2026. The acquisition details were disclosed in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, 2015.
C.E. Info Systems Ltd has announced the completion of its acquisition of a stake in Iwayplus Private Limited. This follows the initial disclosure made on January 12, 2026. The acquisition involves 3500 Compulsorily Convertible Preference Shares (CCPS) of Iwayplus.
The face value of each CCPS is INR 10, with an additional premium of INR 5704.28 per share. The total transaction value is approximately INR 2 crore. This acquisition is in line with the requirements set forth by Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company has requested that this information be recorded as part of its regulatory compliance. The acquisition details were communicated to the BSE Limited and the National Stock Exchange of India Limited, where C.E. Info Systems is listed under the BSE SCRIP Code: 543425 and NSE Symbol: MAPMYINDIA.
C.E. Info Systems Ltd, known for its digital mapping and geospatial services, continues to focus on expanding its technological capabilities and market reach. The company is committed to enhancing its service offerings and maintaining its position in the geospatial industry.