Physicswallah Acquires Remaining Stake in BIGPL, Taking Full Control of Subsidiary
Physicswallah Limited has completed plans to acquire its final 10% equity stake in Bharat Innovations Global Private Limited (BIGPL), making BIGPL a wholly owned subsidiary of the company. The acquisition solidifies Physicswallah’s control over the education focused entity.The company approved the execution of definitive documents related to the acquisition on August 14, 2026. This move involves acquiring 10% equity shares in BIGPL from NSDC International Limited. Consequently, Physicswallah's shareholding in BIGPL will increase from 90% to 100%.
The proposed acquisition was intended to consolidate the company’s interest in BIGPL. There will be no consideration payable for completing the purchase of the 10% equity shares, as per mutually agreed terms governing the cancellation of the Shareholders' Agreement and related obligations.
Details of Bharat Innovations Global Private Limited (BIGPL)
Bharat Innovations Global Private Limited is engaged in the education industry, specifically focused on providing online and offline coaching by collaborating with government bodies and educational institutions across India. BIGPL was incorporated as a Private Limited Company on November 26, 2024.The financial profile of BIGPL and the details pertaining to the transaction are summarized below:
| Financial Metric | Details |
|---|---|
| Target Name | Bharat Innovations Global Private Limited (BIGPL) |
| Paid-up Share Capital | INR 1,00,000 |
| Turnover | INR 16,51,548 |
| Net Worth | INR (66,90,740) |
The turnover of BIGPL for the last three financial years is detailed as follows:
| Financial Year | Turnover (In Crore) |
|---|---|
| F.Y. 2023-24 | Not Applicable |
| F.Y. 2024-25 | 0.00 |
| F.Y. 2025-26 | 0.16 |
The acquisition is expected to be completed within six months from the date of board approval.
PWL Stock Price Movement
Shares of Physicswallah Limited slipped on Friday, closing at ₹117.12 after shedding ₹0.62 or 0.52% from the previous close. The stock traded a volume of 5.45 million shares during the session, touching a day low of ₹115.6.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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