Omnichannel home interior and renovation platform Livspace acquired Mumbai-based LED lighting solutions provider Abby Lighting in a cash and stock deal, according to regulatory filings reviewed by Entrackr.
As per its filing with the Registrar of Companies (RoC), Livspace acquired the firm for around Rs 204 crore (approximately $23 million). The proposed transaction comprises Rs 173 crore in cash and Rs 31 crore through a share swap.
As part of the share swap, Abby Lighting’s co-founders Sanjay Bajaj and Suresh Bajaj will be allotted 4,11,274 equity…

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