New Delhi, Sept. 9 -- Colab Platforms share price was locked in at 2% upper circuit of Rs.93.05 apiece on the BSE Tuesday. The smallcap stock has touched the upper circuit limit for 58 consecutive trading sessions.

The diversified technology company, Colab Platforms recently announced the acquisition of digital platforms firm Indiaoneonline.

Colab Platforms said it has signed a non-binding term sheet to acquire a majority 51% stake in Indiaoneonline (IndiaOne), a rapidly growing digital platforms and technology services company.

The acquisition underscores Colab's ambition to become a formidable growth company spanning sports, esports, and now digital technology platforms, the company said in a regulatory filing on September 6.

"This ...