Mumbai (Maharashtra) [India], February 24: Blue Cloud Softech Solutions Limited today announced that its Board of Directors has approved a proposal to acquire 100% equity interest in Global Impex Inc. from ConnectM Technologies Solutions, Inc., marking a significant step in the company's strategic growth and expansion roadmap. The proposed acquisition is subject to completion of due diligence, final valuation, and receipt of all necessary statutory and regulatory approvals.
The transaction will be executed through an all-equity share swap arrangement, reflecting the company's prudent capital management approach while enabling it to pursue inorganic growth opportunities without immediate cash outflow. Management believes the acquisition will strengthen operational capabilities, enhance market presence, and create long-term value for shareholders by leveraging synergies between the two businesses.
The Board's approval was granted at its meeting held on February 23, 2026, which commenced at 4:30 PM IST and concluded at 8:30 PM IST. The company confirmed that the disclosure has been made in accordance with applicable provisions of the Listing Regulations and compliance requirements prescribed by the Securities and Exchange Board of India, and has been duly submitted to BSE Limited for public record.
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