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Unicommerce Announces Acquisition and Management Changes

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Unicommerce Announces Acquisition and Management Changes

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Unicommerce eSolutions Limited ( (IN:UNIECOM) ) just unveiled an update.

Unicommerce eSolutions Limited announced significant changes following a board meeting on March 20, 2025. The company plans to issue equity shares on a preferential basis to acquire Shipway Technology Private Limited, converting it into a wholly-owned subsidiary, pending member and regulatory approvals. Additionally, the company will alter its Articles of Association to accommodate financial investors SoftBank and B2 Capital, allowing them to nominate non-executive directors. The board also acknowledged the resignation of key senior management personnel, which may impact the company’s strategic direction.

More about Unicommerce eSolutions Limited

Unicommerce eSolutions Limited operates in the technology industry, focusing on providing e-commerce solutions. The company offers services such as order management, inventory management, and warehouse management systems, catering primarily to online retailers and businesses looking to streamline their e-commerce operations.

YTD Price Performance: -30.41%

Average Trading Volume: 66,281

For an in-depth examination of UNIECOM stock, go to TipRanks’ Stock Analysis page.

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