Acquisitions2 April 2026 at 08:30 am
Trinity Infraventures Acquires 5,60,47,800 Shares in Keto Motors Limited via Scheme of Arrangement
AI Summary
Trinity Infraventures Ltd. has acquired 5,60,47,800 equity shares of Keto Motors Limited (formerly known as Taaza International Limited) pursuant to the Scheme of Arrangement between M/s. Keto Motors Private Limited (Transferor Company) and M/s. Taaza International Limited (Transferee Company) as per the Resolution Plan approved by Hon’ble NCLT, Hyderabad Bench vide Order dated 12.06.2025. The acquisition was made in reliance upon exemption provided for in Regulations 10(1)(d)(ii) and 10(1)(da) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Trinity Infraventures Ltd. has acquired 5,60,47,800 shares in Keto Motors Limited.
- The acquisition was made pursuant to the Scheme of Arrangement between M/s. Keto Motors Private Limited and M/s. Taaza International Limited as per the Resolution Plan approved by Hon’ble NCLT, Hyderabad Bench vide Order dated 12.06.2025.
- The acquisition was made in reliance upon exemption provided for in Regulations 10(1)(d)(ii) and 10(1)(da) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.