Physicswallah Acquires 100% Stake in Nextseed Foundation
Filing Summary
Physicswallah Limited has announced the acquisition of a 100% stake in Nextseed Foundation, a Section 8 company, for INR 1,00,000. The acquisition was approved by the Board of Directors on February 5, 2026. Nextseed Foundation, which has not yet commenced operations, will become a wholly owned subsidiary of Physicswallah. The acquisition aligns with Physicswallah’s strategic objective to expand its presence in the higher education sector. The transaction is expected to be completed within three months, subject to the execution of the Share Transfer Agreement.
Physicswallah Limited has informed the exchange about its acquisition of a 100% stake in Nextseed Foundation, a Section 8 company. The Board of Directors approved this acquisition on February 5, 2026. Nextseed Foundation will become a wholly owned subsidiary of Physicswallah upon completion of the transaction. The acquisition involves a purchase consideration of INR 1,00,000.
The acquisition involves an all-cash consideration, with Physicswallah acquiring 10,000 equity shares of Nextseed Foundation at INR 10 per share. The total cost of the acquisition is INR 1,00,000. The transaction does not fall under related party transactions, and neither the promoter group nor the group companies have any interest in the entity being acquired.
Nextseed Foundation is engaged in the education industry, specifically in establishing, promoting, operating, supporting, and maintaining higher education institutions. The acquisition is part of Physicswallah’s strategic objective to enhance its presence in the higher education segment. The company aims to provide quality education, research, training, and capacity-building across various disciplines through this acquisition.
The acquisition does not require any governmental or regulatory approvals. The transaction is expected to be completed within three months from the date of execution of the Share Transfer Agreement, unless extended by the parties involved. The Board meeting for this decision commenced at 5:00 PM and concluded at 7:00 PM on February 5, 2026.
Nextseed Foundation was incorporated on June 21, 2025, under the Companies Act, 2013. It has not commenced business operations to date, and therefore, its turnover for the last three financial years is not applicable. The company is based in India and focuses on higher education initiatives.
Physicswallah Limited is focused on expanding its footprint in the education sector, particularly in higher education. The company is committed to establishing and supporting educational institutions to provide quality education and training. This acquisition aligns with its strategic goals to enhance its offerings in the education industry.