Quicktouch Technologies Limited (NSEI:QUICKTOUCH) agreed to acquire Tronix IT Solutions Private Limited for INR 7.9 million on June 24, 2023. The total consideration will be paid in cash of approximately INR 7.91 million. As the result of the acquisition, Tronix IT Solutions Private Limited will become the wholly-owned subsidiary of Quicktouch.

The transaction is subject to completion of conditions. No governmental or regulatory approvals required. The transaction will be completed by June 26, 2023.