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KFin Technologies to absorb three entities in amalgamation plan, pending regulatory approvals
01-Sep-2026, 08:46

KFin Technologies Limited approved a composite scheme of amalgamation to absorb WebileApps (India) Private Limited, Hexagram Fintech Private Limited, and WebileApps Technology Services Private Limited, with the latter being a step-down subsidiary, according to a regulatory filing on Friday. The amalgamation, which is subject to statutory and regulatory approvals including the National Company Law Tribunal, is expected to streamline the group structure, simplify operations, and enhance growth and profitability by eliminating duplication of functions and overhead costs.