LN Industries India Limited acquired ACS Technologies Limited on March 24, 2023. As part of transaction, LN Industries will issue its two shares in exchange of each share of ACS Technologies, totaling an issuance of 53,980,094 LN Industries shares. The merger will be implemented through scheme of amalgamation. Pursuant to transaction, ACS Technologies will merge with LN Industries. Intimation of scheme of Arrangement ,part of the resolution plan as approved by the Hon''ble NCLT, Hyderabad bench.

LN Industries India Limited completed the acquisition of ACS Technologies Limited on March 24, 2023.