Cheques Solutions

Our cheque solutions, a part of the business was acquired from MTL pursuant to a business transfer agreement dated April 30, 2024, with effect from March 31, 2024. For further information, see “History and Certain Corporate Matters – Details regarding material acquisitions or divestments of business/ undertakings, mergers, amalgamation, any revaluation of assets, etc. in the last 10 years – The business transfer agreement dated April 30, 2024, entered between, one of our Promoters, Manipal Technologies Limited (“MTL” or the “Seller”) and our Company (the “VDP Division BTA”)” on page [●]. As part of our VDP business, we offer services including security forms, security stationery, personalized and non-personalised cheque books, welcome-kits, envelopes continuous cheque printing, statements, reports printing, customer communications, policy booklets for insurance and passbooks. The cheque books are printed, bound and dispatched as per customised requests received from banks.