AV AC DC RENEW PRIVATE LIMITED entered into a share purchase agreement to acquire 43% of stake in Quest Softech (India) Limited (BSE:535719) from Quest Fin-Cap Private Limited for INR 17.2 million on June 30, 2022. Under the terms, AV AC DC will acquire 43,00,000 shares of Quest Softech at a price of INR 4 per share. Kunvarji Finstock Private Limited acted as financial advisor to AV AC DC RENEW PRIVATE LIMITED.

AV AC DC RENEW PRIVATE LIMITED completed the acquisition of 43% of stake in Quest Softech (India) Limited (BSE:535719) from Quest Fin-Cap Private Limited on November 25, 2022.