Physicswallah Limited (PWL) — Offer Document

· NSE 🔴 High Importance Neutral
📢 Key Event
Board approves Tranche II acquisition of 11% stake in Sarrthi IAS
🔄 What Changed
Shareholding in Sarrthi IAS increases from 40% to 51%, making it a subsidiary; INR 71.81 crores paid for 1,100 shares
🔮 What's Next
Company will continue acquiring remaining tranches by FY2031 under the same EBITDA-based valuation mechanism
💡 Investor Takeaway
This acquisition increases Physicswallah's control in Sarrthi IAS, aligning with its strategic expansion in civil services exam preparation.

Physicswallah Limited announced completion of Tranche I in its acquisition of Sarrthi IAS, holding 40% equity. The Board approved Tranche II, acquiring an additional 11% stake for INR 71.81 crores, increasing its holding to 51% and making Sarrthi IAS a subsidiary. The transaction follows an EBITDA-based valuation mechanism across six tranches by FY2031.

📄 View Original Announcement (PDF)

About Physicswallah Limited (PWL)

Consumer Services · Other Consumer Services · Listed on NSE

Market Cap: ₹32,557.6 Cr

View full PWL stock details →

📡 Get AI alerts when PWL files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track PWL — Free

📊 More PWL filings

See all PWL filings →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

📡 Get AI alerts when PWL files new disclosures

Track PWL filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track PWL — Free

Free account · 2 AI queries/day