Methodhub Software Ltd Approves Global Expansion through Subsidiary Acquisitions and Overseas Investment
Methodhub Software Limited's Board of Directors approved two significant strategic initiatives, focusing on international expansion: the acquisition of a Mexican entity by its subsidiary and the plan to incorporate another wholly owned subsidiary in Costa Rica.The decisions were made during a Board meeting held on Tuesday, June 09, 2026.
Acquisition of VENUSGEO SOLUTIONS in Mexico
Methodhub Consulting Inc, a wholly owned subsidiary of Methodhub Software Limited, has proposed acquiring a 100% equity stake in VENUSGEO SOLUTIONS, S. DE R.L. DE C.V., an entity domiciled in Guadalajara, Jalisco, Mexico.The target entity, which operates in the Information Technology industry, was incorporated on July 12, 2022. VENUSGEO SOLUTIONS is engaged in IT consulting, software development, data management, migration and technical support services. The acquired entity has offices in the USA and India, in addition to Mexico.
The acquisition aims to expand Methodhub's global footprint and strengthen its presence in North America (Mexico region). By leveraging VENUSGEO SOLUTIONS’ capabilities, the Methodhub Group intends to enhance service delivery and secure business growth opportunities.
Key details regarding the acquisition are provided below:
| Particulars | Details |
|---|---|
| Target Entity Name | VENUSGEO SOLUTIONS, S. DE R.L. DE C.V. |
| Industry | Information Technology |
| Shareholding Acquired | 100% |
| Consideration Type | Cash Consideration |
| Estimated Timeline for Completion | Within 4 - 6 weeks from the date of approval (subject to regulatory approvals and closing conditions) |
Investment in Costa Rica
The Board also approved plans to incorporate a wholly owned subsidiary by making an Overseas Direct Investment. This involves subscribing to equity shares in Costa Rica as part of the investment process.The proposed entity, which will operate in the Information Technology sector providing IT Consulting and Services, is planned to be held by Methodhub Software Limited, which will serve as the holding company. The nature of consideration for this investment is cash, with a subscribed cost set up to USD 10,000 (approximately INR 9,50,000/ subject to forex rate at the time of investment).
Key details of the planned incorporation are summarized:
| Particulars | Details |
|---|---|
| Country of Incorporation | Costa Rica |
| Proposed Industry | Information Technology |
| Holding Company | Methodhub Software Limited |
| Investment Cost / Consideration | Up to USD 10,000 (approximately INR 9,50,000/ subject to forex rate at the time of investment) |
| Shareholding Acquired | 100% |
Stock Price Movement
Methodhub Software Ltd. settled at ₹90.40 in the market close today, having edged up 0.44%. The shares moved throughout the trading session, ranging between a low of ₹90.10 and an intraday high of ₹94.30.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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