Thursday, July 23, 2026
News

Paramatrix Technologies Deepens Partnership with Metasys; Increases Stake to 76 Percent

SocialTwist Tell-a-Friend    Print this Page   COMMENT

| June 11, 2026 3:55:48 PM IST
PNN

Navi Mumbai (Maharashtra) [India], June 11: Paramatrix Technologies Limited (Paramatrix) (NSE: PARAMATRIX), a trusted provider of enterprise software products and digital IT services, has successfully completed the second tranche of its previously announced acquisition of Metasys Software Private Limited (Metasys).

Pursuant to the transaction, Paramatrix has acquired an additional 25% equity stake in Metasys, increasing its overall shareholding from 51% to 76%.

Following the completion of the first tranche in January 2026, Metasys became a subsidiary of Paramatrix. The phased acquisition structure was designed to ensure a seamless transition while creating a strong foundation for long-term collaboration between the two organizations.

Metasys is an established software services company with expertise in custom application development across technologies including Microsoft .NET, FileMaker, iOS, PHP, and React-based platforms. The company serves a diversified customer base across North America, Europe, and South-East Asia.

The increased ownership underscores Paramatrix's confidence in Metasys' business strengths and future potential. The transaction is expected to further support the Company's efforts to expand its delivery capabilities, deepen customer engagement, and strengthen its presence across key international markets.

Commenting on the milestone, Mr. Mukesh Thumar, Founder, Managing Director & CEO of Paramatrix Technologies Limited, said: "The completion of the second tranche represents another important step in our journey with Metasys. Over the last few months, we have witnessed strong alignment between our teams and a shared commitment towards delivering value to customers. Increasing our stake reflects our confidence in the business and our belief in the opportunities that lie ahead as we continue building a stronger and more scalable technology platform."

About Paramatrix Technologies Limited

Paramatrix Technologies Limited (NSE: PARAMATRIX) is a technology-driven enterprise software and digital IT services company established in 2004 and headquartered in Navi Mumbai, India. The Company designs and delivers enterprise software, digital transformation services, and proprietary product platforms used by clients across banking, financial services, insurance, healthcare, education, and other regulated industries.

Paramatrix's product portfolio includes solutions for data management, automation, analytics, and gamified customer engagement (including the award-winning PLAYMITY platform). With a sharp focus on quality, customer outcomes, and innovation, Paramatrix continues to evolve into a multi-product, multi-geography group, supported by its recently inducted subsidiary Metasys Software Private Limited.

In FY26, the company reported Consolidated Total Income of 32.57 Cr, EBITDA of 4.46 Cr, and Net Profit of 2.61 Cr.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Rayzon Solar, Caelux Partner for 5 GW Pe...
HPCL Q1 loss widens as weaker-than-expec...
Food Processing PLI surpasses investment...
Rural tap water coverage has crossed 82%...
Coal remains backbone of India's power s...
Palladian Partners Advisory LLP Reports-...
More...
 
INDIA WORLD ASIA
Keralam: Former Travancore Devaswom Boar...
INDIA bloc protests against Centre in Pa...
'Reflects commitment toward youth's futu...
Gitanjali Angmo says students' image bei...
NEET Row: Raj and Uddhav Thackeray slam ...
NDA, INDIA Bloc MPs face off at Parliame...
More...    
 
 Top Stories
Govt informs Parliament no private ... 
"Questioning isn't disrespect": Ana... 
Heavy rainfall in Valsad: Additiona... 
Iran Foreign Ministry spokesperson ... 
Jaishankar holds bilateral meetings... 
Capital mobilisation hits record Rs... 
US reaffirms commitment to free, op... 
Venice Film Festival 2026 lineup an...