A unknown buyer acquired 81% stake in iDV Technology Solutions Private Limited from Melstar Information Technologies Ltd. (BSE:532307) on September 29, 2016. Under the transaction, Melstar Information Technologies Ltd. sold 4.86 million shares of Melstar Information Technologies. Upon completion, Melstar Information Technologies holds 1.14 million shares or 19% stake in iDV Technology Solutions Private Limited, which ceased to be its subsidiary. The transaction was approved by the Board of Directors of Melstar Information Technologies Ltd. A unknown buyer completed the acquisition of 81% stake in iDV Technology Solutions Private Limited from Melstar Information Technologies Ltd. (BSE:532307) on September 29, 2016.