Beacon Trusteeship Limited (NSEI:BEACON) agreed to acquire United Trustee Association of India on January 17, 2025. A cash consideration will be paid by Beacon Trusteeship Limited. As part of consideration, an undisclosed value is paid towards common equity of United Trustee Association of India.

The transaction is subject to approval by regulatory board / committee. The deal has been approved by the board. The expected completion of the transaction is January 17, 2025 to March 17, 2025.