Lead · M&A · Micro cap
Identixweb swaps ₹12.23 cr loan for equity in loss-making subsidiary Munim ERP
The conversion raises Identixweb's stake to 70.05% in Munim ERP, which has negative net worth of ₹3.10 cr and revenue of ₹1.96 cr. The deal size is 17.7% of the parent's market cap.