Corporate News

27-Oct-2026, 12:43

Liqvd Digital India Limited has acquired the remaining stake in Adlift Marketing Private Limited, increasing its ownership from 76.79% to 100%, making Adlift a wholly owned subsidiary. The acquisition, funded from the company’s initial public offering proceeds, involved a cash consideration of Rs 90,00,01,813.05 for the purchase of 23,211 equity shares, representing 23.21% of Adlift’s equity share capital, with Adlift reporting a turnover of Rs 380.33 crore for the fiscal year ending March 31, 2026.