The Board of Le Travenues Technology at its meeting held on 24 October 2024 has approved entering into definitive agreements to acquire a 51% stake in Zoop Web Services (Zoop) for a total consideration of Rs. 12.54 crore including non-compete fee, subject to the completion of certain conditions precedent, through a combination of secondary and primary share purchases. Additionally, the Company has the option to purchase the remaining stake in the future subject to fulfillment of certain conditions.Powered by Capital Market - Live News

Net profit of Le Travenues Technology declined 53.17% to Rs 13.09 crore in the quarter ended September 2024 as against Rs 27.95 crore during the previous quarter ended September 2023. Sales rose 25.96% to Rs 206.47 crore in the quarter ended September 2024 as against Rs 163.92 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales206.47163.92 26 OPM %7.760.02 - PBDT19.900.95 1995 PBT17.52-3.45 LP NP13.0927.95 -53 Powered by Capital Market - Live News

The Board of Le Travenues Technology (IXIGO) at its meeting held on 24 October 2024 has approved entering into definitive agreements to acquire a 51% stake in Zoop Web Services (Zoop) for a total consideration of Rs. 12.54 crore including noncompete fee, subject to the completion of certain conditions precedent, through a combination of secondary and primary share purchases. Additionally, the Companyhave the option to purchase the remaining stake in the future subject to fulfillment of certain conditions. Powered by Capital Market - Live News

Le Travenues Technology will hold a meeting of the Board of Directors of the Company on 24 October 2024Powered by Capital Market - Live News

Le Travenues Technology announced that the 18th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live News