SAR Televenture to Acquire 100% Stake in Malaysia’s Goodwill Technology

SAR Televenture Limited has announced a significant step in its international growth strategy by approving the acquisition of a 100% equity stake in Malaysia-based Goodwill Technology SDN. BHD. The decision was taken at the company’s Board of Directors meeting held on July 31, 2026.

Following the completion of the transaction, Goodwill Technology will become a wholly owned subsidiary of SAR Televenture Limited, strengthening the company’s presence in the Southeast Asian market.

Acquisition Details

Under the approved agreement, SAR Televenture will acquire the entire paid-up equity share capital of Goodwill Technology, comprising 3,000 equity shares, for a total cash consideration of MYR 27,000 (approximately ₹5.13 lakh). The acquisition price has been fixed at MYR 9 per equity share.

Key Highlights

• Target Company: Goodwill Technology SDN. BHD., Malaysia
• Equity Stake: 100% (3,000 equity shares)
• Purchase Consideration: MYR 27,000 (around ₹5.13 lakh)
• Mode of Payment: Cash consideration or equivalent foreign currency
• Expected Completion: On or before September 30, 2026
• Related Party Status: The transaction is not a related-party deal, and the company’s promoters have no existing interest in the target company.

Strategic Expansion into Malaysia

Goodwill Technology SDN. BHD. was incorporated in September 2025 and is engaged in businesses such as IT services, management consultancy, and wholesale trading. The company is currently in its early stage of operations and has not generated any significant revenue.

After the acquisition, SAR Televenture plans to realign Goodwill Technology’s business activities with its own core operations, enabling the company to expand its telecommunications and technology services in the Malaysian market.

Strengthening Global Presence

The acquisition marks an important milestone in SAR Televenture’s international expansion strategy. By establishing a wholly owned subsidiary in Malaysia, the company aims to strengthen its footprint across Southeast Asia, improve market access, and create new opportunities for long-term growth in overseas markets.

The transaction does not require any prior government or regulatory approvals. However, it will be completed in accordance with the applicable provisions of the Foreign Exchange Management Act (FEMA), 1999, and other relevant regulations