DRC Systems India Ltd is reshuffling its associate portfolio by acquiring a 49% stake in Skizzle Technolabs for Rs 2 crore and divesting its entire 49.18% interest in Inexture Solutions. The strategic move aims to optimize assets, with the divestment expected within 60 days and the acquisition finalized by March 2027.
DRC Systems Portfolio Restructuring: Stake Acquisition and Divestment Approved
DRC Systems India will invest up to Rs 2 crore in Skizzle Technolabs and divest its holding in Inexture Solutions.
The company is realigning its associate portfolio to focus on new strategic growth areas.
Reader Takeaway: DRC Systems is rotating assets to streamline its portfolio, pending completion of definitive legal documentation.
What just happened
DRC Systems India has formalized two key changes to its associate company holdings. First, the company will acquire a 49% stake in Skizzle Technolabs India Private Limited from existing shareholders for a maximum consideration of Rs 2 crore. Second, the company will exit its investment in Inexture Solutions Limited by selling its entire 49.18% stake. Both actions received formal board approval following strategic review.
Why this matters
The acquisition of the stake in Skizzle Technolabs is expected to conclude on or before March 31, 2027, subject to due diligence. This move effectively adds Skizzle as an associate company. Conversely, the exit from Inexture Solutions—which reported a turnover of Rs 19.03 crore and a net worth of Rs 1.95 crore as of March 31, 2026—marks a clean break from a legacy asset. The disinvestment is scheduled for completion within 60 days, or by October 26, 2026.
Risks to watch
Investors should note that the Skizzle acquisition remains subject to the finalization of definitive documents and successful due diligence. Any failure to execute these agreements could stall the planned associate relationship. Furthermore, the valuation and strategic benefit of Skizzle will be tested over the coming quarters as the company integrates the new entity.
What to track next
The market will look for the successful completion of the Inexture divestment within the 60-day window. Monitoring the integration progress of Skizzle Technolabs by March 2027 will be critical to assessing the long-term impact on the consolidated balance sheet of DRC Systems.
