Mergers & Acquisitions ·
ConnectM Technology Solutions completed its Share Swap Agreement with Blue Cloud Softech Solutions Limited on June 17…
CNTMConnectM Technology Solutions, Inc.
ConnectM Technology Solutions completed its Share Swap Agreement with Blue Cloud Softech Solutions Limited on June 17, 2026. ConnectM transferred its 94.11% ownership interest in Global Impex Inc., which held its India-based operations, to Blue Cloud in exchange for 160 million newly issued equity shares of Blue Cloud. This stake represents approximately 17.33% of Blue Cloud's post-issue share capital. The filing confirms that trading approval for these shares was received from the Bombay Stock Exchange (BSE) in August 2026, commencing a six-month lock-up period. ConnectM retains access to defined fleet and operational data through ongoing commercial arrangements. ConnectM Technology Solutions is a technology company powering the physical layer of the AI economy across distributed energy and last-mile logistics.