Orient Technologies expands South India presence with acquisition of MSP and SD-WAN-as-a-Service Provider, Stakes in ISP Class A Firm

Orient Technologies Limited, a leading provider of end-to-end digital transformation and IT infrastructure services, today announced the acquisition of Red Hut Innovation Technology Pvt. Ltd. and investment in minority stakes of Athena IT & Telecom Solutions Pvt. Ltd. and AIT Internet Services Pvt. Ltd for a combined value of ₹7.71 crore. The move underscores Orient Technologies' ambition to establish itself as a next-generation digital technology leader, delivering integrated solutions across cloud, connectivity and cybersecurity, and driving long-term value creation for investors and stakeholders.

The acquisition of 100% stake in Red Hut Innovation Pvt. Ltd., a Bengaluru-based MSP and SDWAN service provider, for ₹ 5.75 crore, aligns well with Orient Technologies' strategy to expand its capabilities and evolve into a fully integrated digital infrastructure company. The deal further enhances Orient Technologies' portfolio across - cloud, data center and managed IT services. The company has also taken 46% stakes each in Bengaluru-based Athena IT & Telecom Solutions Pvt. Ltd. and AIT Internet Services Pvt. Ltd.

Speaking about the strategic move, Ajay Sawant, Chairman & Managing Director, Orient Technologies, said, "This marks an important step forward in Orient Technologies' growth journey. By integrating network connectivity with our existing capabilities, we are strengthening our position as a full-spectrum digital infrastructure provider. The acquisition of Red Hut will allow us to deliver seamless, secure and scalable enterprise connectivity solutions, while enhancing service control, quality, and delivery efficiency. These combined strengths will help us to better serve enterprise customers and deliver lasting value across our ecosystem. Our strategic investments in Athena IT and Telecom Solutions and AIT Internet Services reinforce our commitment to strengthening regional presence and expanding our service capabilities. The synergies of Athena's consulting and integration excellence with AIT's robust telecom expertise will enable Orient Technologies to deliver end-to-end, future-ready solutions across India."

The move also adds recurring, subscription-based revenue streams, enhancing cash flow stability and creating cross-selling opportunities across the enterprise customer base. With direct ownership of last-mile connectivity, Orient Technologies gains a distinct competitive edge as one of the few Indian IT providers offering all solutions under one platform.

With a strong presence across South India, Athena is recognized for its advanced capabilities in consulting, integration, and managed services across IT and telecom domains. This strategic investment will enable Orient Technologies to leverage Athena's regional footprint and customer relationships, expanding market reach and allowing it to offer its full suite of digital, cloud, data center, and managed services to a wider client base.

The investment in AIT Internet Services further strengthens its ability to deliver end-to-end connectivity and telecom solutions, complementing its extensive IT infrastructure and digital transformation portfolio.

Commenting on the development, Mr. Hari Krishnan, Director, Red Hut Innovation Pvt. Ltd., Athena IT & Telecom Solutions Pvt. Ltd. and AIT Internet Services Pvt. Ltd, said, "Orient Technologies' acquisition and strategic investments reflect a strong vote of confidence in our capabilities and growth potential. Backed by Orient Technologies' scale, reach and leadership in digital infrastructure, we are poised to accelerate innovation, expand our offerings, and deliver greater value to customers."

With these strategic acquisitions and investments, Orient Technologies continues to strengthen its position as one of India's leading integrated digital infrastructure and transformation partners.

"Our focus remains on building an agile, future-ready organization capable of delivering value across every layer of enterprise technology," said Shrihari Bhat, CEO, Orient Technologies Limited. "These moves reinforce our long-term vision of integrating cloud, connectivity, security, and managed services to empower our customers in their digital journeys."

These initiatives mark another step in Orient Technologies' mission to drive innovation, scalability, and sustainable growth across India's evolving digital ecosystem.

Shares of Orient Technologies Limited was last trading in BSE at Rs. 474.15 as compared to the previous close of Rs. 459.50. The total number of shares traded during the day was 83697 in over 2779 trades.

The stock hit an intraday high of Rs. 496.30 and intraday low of 455.10. The net turnover during the day was Rs. 40023942.00.

Source : Equity Bulls

Keywords

OrientTechnologies INE0PPK01015 ITEnabledServices Acquisition RedHutInnovationTechnology Investment AthenaITandTelecomSolutions AITInternetServices