MethodHub Software Board Approves USD 0.71 Million Acquisition of Leo Technology

MethodHub Software Limited has successfully completed its strategic acquisition plan, with the board of directors approving the purchase of 100% equity stake in Leo Technology Ventures Inc., a Delaware-incorporated company, for USD 0.71 million (approximately INR 65.46 million).

Board Meeting Outcome

The board meeting, held on March 30, 2026, from 11:00 AM to 11:15 AM IST, approved the acquisition of Leo Technology Ventures Inc. from Ideascaler Holdings LLC. The transaction involves purchasing 10,000 equity shares, making Leo Technology Ventures a wholly owned subsidiary of MethodHub Software Limited.

Acquisition Details: Information Target Company: Leo Technology Ventures Inc. Purchase Price: USD 0.71 million (INR 65.46 million) Equity Shares: 10,000 shares Ownership: 100% equity stake Completion Timeline: Within 30 days

Target Company Profile

Leo Technology Ventures Inc., incorporated on March 1, 2021, operates in the Information Technology services sector, providing software consultancy, application development, implementation, and support services. The company is registered at 8 The Green Ste A, Dover, Delaware 19901.

Financial Performance: Revenue (USD Million) 2023: 4.44 2024: 2.98 2025: 3.14

Strategic Implications

The acquisition aligns with MethodHub Software's strategy to pursue inorganic growth and acquire end customer engagements, including onsite presence in the US market. Leo Technology Ventures holds 80% equity shareholding in S&R Professionals LLC, which will become a step-down subsidiary of MethodHub Software Limited following the acquisition.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI Listing Regulations and SEBI Circular dated July 13, 2023. The transaction involves cash consideration and requires no governmental or regulatory approvals. Company Secretary Muthukrishnan Shanmuga Thevar digitally signed the compliance documents on March 30, 2026.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.