Nucleus Software Exports Limited (BSE:531209) signed a shareholder purchase agreement to acquire remaining 4% stake in Avon Mobility Solutions Pvt. Ltd. from two shareholders for INR 8.3 million on July 12, 2018. The consideration will be paid in cash. Upon completion, Avon Mobility Solutions Pvt. Ltd. will become the wholly owned subsidiary of Nucleus Software Exports Limited. For the year ended March 31, 2018, Avon Mobility Solutions Pvt. Ltd. had turnover of INR 12.15 million.