One Point One Solutions Limited (NSEI:ONEPOINT) executed a share purchase agreement to acquire ITCube Solutions Pvt. Ltd. for INR 840 million on February 22, 2024. The consideration is payable in cash.

ITCube Solutions reported consolidated turnover of INR 535.8 million and EBITDA of INR 121.5 million. The consummation of the transaction is subject to other customary conditions of the SPA. The transaction is expects to complete by April 1, 2026.