<h1>Acquirer to buy low-code/no-code automation specialist for INR 400 crore plus contingent stock; combined revenues INR 20,600M</h1> An acquirer in the digital product-engineering sector entered a definitive agreement to acquire a low-code/no-code and intelligent-automation specialist, creating a combined business reporting consolidated revenues of INR 20,600M and EBITDA of INR 3,800M. Consideration includes INR 400 crore in upfront cash plus contingent stock tied to future EBITDA; the deal is expected to be EPS-accretive from year one. Transaction closing is subject to customary closing conditions. The target's management will remain with the combined entity. A financial advisor acted for the target. The acquisition aims to integrate product suites and automation practices to expand geographic presence and scale agentic-AI offerings.