Cressanda Solutions Limited (BSE:512379) entered into a share purchase agreement to acquire 51% stake in Mastermind Advertising Private Limited on September 2, 2023.

Cressanda Solutions Limited (BSE:512379) completed the acquisition of 51% stake in Mastermind Advertising Private Limited for approximately INR 350 million on January 8, 2024. Pursuant to the approval of board of Dircetors in their board meeting held on September 2, 2023 the company has entered into an agreement to acquire 51 % stake in Mastermind Advertising Private Limited at a price of INR 350 million as determinded by the registered valuer