Purshottam Investofin Limited (BSE:538647) agreed to acquire Middle Path Private Limited and Shiraj Marketing Private Limited for INR 23.18 million on December 24, 2021. Purshottam Investofin Limited shall issue and allot to each or the shareholders of the Middle Path Private Limited shares in proportion of 97 (Ninety Seven) Equity Shares of Face Value INR 10/- each in the Purshottam Investofin for every I 00 (One Hundred) Equity Shares of face value of INR 10/- each held by them in the Middle Path Private Limited pursuant to this Scheme of Amalgamation. Purshottam Investofin, without further application, act or deed shall issue and allot to each of the shareholders of the Shiraj Marketing Private Limited shares in proportion of 108 (One Hundred and Eight) Equity Shares of Face Value INR 10/- each in the Purshottam Investofin for every 100 (One Hundred) Equity Shares of face value of INR 10/- each held by them in the Shiraj Marketing Private Limited pursuant to this Scheme of Amalgamation. The transaction is subject to the approval of National Company Law Tribunal (NCLT) of relevant jurisdiction, Securities Exchange Board of India (SEBI), BSE Limited ("Stock Exchange"), approval by Board of Purshottam Investofin, Shareholders and Creditors of all the Companies and other Regulatory Authorities, if any.