Le Travenues Technology Limited (IXIGO) — Board Meeting

📢 Key Event
Board approved acquisition of Brevistay and investments in Proactai and Vestra.AI.

🔄 What Changed
Added new subsidiaries in travel tech and AI sectors; disclosed specific investment amounts and stakes.

🔮 What's Next
Completion of acquisitions by July 31, 2026 for Brevistay and by July 05, 2026 for Proactai and Vestra.AI.

💡 Investor Takeaway
These investments signal expansion into high-growth tech areas but may dilute ownership and increase debt.

The board approved three strategic investments: acquiring a 54.66% stake in Brevistay Hospitality for ₹65.69 Crore, investing ₹7.50 Crore for a 10.34% stake in Proactai, and subscribing to ₹4.50 Crore of Fully Convertible Debentures in Vestra.AI. These moves expand the company’s presence in travel tech, AI, and autonomous workflow platforms. The filing also noted the reopening of the trading window effective June 08, 2026.

📄 View Original Announcement (PDF)

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