Hi-Tech Pipes Limited has announced the acquisition of 100% stake in Sain Software Systems Private Limited for over INR 25 crore.

Mar 31, 2026

Hi-Tech Pipes has approved the acquisition of 100% stake in Sain Software Systems Private Limited and to enter the Share Purchase Agreement. 

With an authorized capital of INR 10 lakh, Sain Software Systems is a software publishing company that includes production, supply and documentation of ready-made (non-customized) software, operating systems software, business & other applications software, for all platforms.

The objective of the proposed acquisition is to acquire the land along with the building constructed thereon, owned by the target company. The said building will be utilized for the Company’s office premises for captive use, supporting its current operational and future administrative requirements. The acquisition is expected to provide long-term strategic value and ensure efficient utilization of resources. 

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Post-acquisition, Sain Software Systems will be rebranded and aligned with the company’s steel pipe business operations to achieve better operational synergy and brand consistency.