Physicswallah Limited announced today, February 05, 2026, that its Board of Directors has approved the acquisition of 100% of the issued and paid-up equity share capital of Nextseed Foundation. Nextseed Foundation is a Section 8 Company, and the purchase consideration for this acquisition is ₹1,00,000 (Indian Rupees One Lakh Only). Upon completion of the acquisition, Nextseed Foundation will become a wholly owned subsidiary of Physicswallah Limited. The acquisition is aligned with Physicswallah's strategic objective to expand its presence in the higher education segment, aiming to establish, promote, and operate educational institutions both online and offline. This includes colleges, research centers, and vocational institutes, with the goal of providing quality education and training to the public. The Share Transfer Agreement and other necessary documents are being executed. The acquisition is expected to be completed within 3 months from the date of execution of the Share Transfer Agreement, unless extended by the parties. Nextseed Foundation was incorporated on June 21, 2025, and has a paid-up share capital of ₹1,00,000. The company has not yet commenced business operations, thus its turnover for the last three years is not applicable. The acquisition is an all-cash transaction and is not considered a related party transaction. The Board of Directors meeting commenced at 05:00 P.M. (IST) and concluded at 07:00 P.M. (IST).
