Acquisitions6 April 2026 at 07:29 am
Kumar Nair Acquires Shares of Transwarranty Finance Ltd Through Gift Deeds, Reducing Voting Rights to 51.45%
AI Summary
Kumar Nair, a United Kingdom resident, has acquired shares of Transwarranty Finance Ltd through gift deeds executed on March 30, 2026. The acquisition resulted in a reduction of voting rights from 53.63% to 51.45%. The shares were acquired through various gift deeds, and the total diluted share/voting capital of the TC after the acquisition stands at Rs.55,11,61,940 equity Share Capital consisting of 5,51,16,194 fully paid up Equity Shares of Rs. 10/- Each.
Key Highlights
- Kumar Nair acquired 12,00,000 shares of Transwarranty Finance Ltd through gift deeds.
- The acquisition led to a reduction in voting rights from 53.63% to 51.45%.
- The acquisition was executed on March 30, 2026.
- Transwarranty Finance Ltd's equity share capital remains unchanged at Rs.55,11,61,940 consisting of 5,51,16,194 fully paid up Equity Shares of Rs. 10/- Each.
- The total diluted share/voting capital of the TC after the acquisition stands at Rs.55,11,61,940 equity Share Capital consisting of 5,51,16,194 fully paid up Equity Shares of Rs. 10/- Each.