Datamatics Global Services Limited has announced that its material wholly-owned subsidiary, Lumina Datamatics Limited (LDL), successfully completed the second tranche acquisition of the remaining 20% equity stake in TNQ Tech Private Limited on July 31, 2026. The transaction involved purchasing 2,02,000 equity shares of face value ₹10 each from existing shareholders. Consequently, TNQ Tech has now become a wholly-owned subsidiary of LDL and a wholly-owned step-down subsidiary of Datamatics Global Services Limited.

The acquisition follows the definitive agreements originally executed on December 09, 2024, through which LDL acquired an initial 80% stake in TNQ Tech on December 31, 2024, for a consideration of ₹348 Crores. The second tranche cash consideration for the remaining 20% stake was executed at ₹206.80 Crores. TNQ Tech specializes in pre-press publishing technology, design, and software development for international scientific, technical, and medical publishers, and registered a turnover of ₹338.09 Crores for FY 2025–26, rising from ₹296.62 Crores in FY 2024–25. Carried out on an arm’s length basis without any promoter group interest, the acquisition expands Datamatics’ global content operations to over 7,500 employees, solidifying its global leadership in scholarly journal production and digital content technology solutions.

Datamatics Global Services Limited is a global digital technologies, operations, and customer experiences enterprise that leverages AI-driven solutions, business process management, and engineering services to streamline client workflows. During 2025, the company secured high-profile client contracts, including deploying AI-powered MS Copilot for background verification automation at a North American heavy equipment financing firm, implementing Salesforce system upgrades for a European laboratory analytical instruments supplier, and deploying its proprietary AI platform FINATO for finance transformation at an American specialty chemicals manufacturer. Lumina Datamatics was also awarded the IMC Ramkrishna Bajaj National Quality Certificate of Merit in the service category.

For the fourth quarter ended March 31, 2025 (Q4 FY25), Datamatics Global Services Limited posted a consolidated revenue from operations of ₹497.20 Crores, achieving a growth of 20.5% YoY compared to ₹412.70 Crores in Q4 FY24, and a 16.8% QoQ expansion from ₹425.50 Crores in Q3 FY25. Consolidated Profit After Tax (PAT) for Q4 FY25 stood at ₹44.90 Crores, relative to ₹52.50 Crores in Q4 FY24 and ₹74.30 Crores in Q3 FY25, reflecting strategic growth investments and integration activities across the broader organization. Promoters maintain a solid controlling stake of over 66% in the enterprise, complemented by foreign and domestic institutional investments that support the firm’s long-term enterprise technology initiatives.

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