Trading & Distributors
Acquisitions30 March 2026 at 09:08 am

Siddhi Power Acquires 2.29% Stake in Suncare Traders Ltd

AI Summary

Siddhi Power Limited has acquired 2.29% stake in Suncare Traders Ltd. The acquisition was made through open market purchases between 25.03.2026 and 27.03.2026. The total shares acquired were 58,35,713, which is 2.29% of the total diluted voting capital of Suncare Traders Ltd. The total equity share capital of Suncare Traders Ltd is Rs. 51,00,00,000 divided into 25,50,00,000 shares of Rs. 2 each, both before and after the acquisition.

Key Highlights

  • Siddhi Power Limited acquires 2.29% stake in Suncare Traders Ltd
  • Acquisition made through open market purchases
  • Total shares acquired: 58,35,713
  • Total diluted voting capital of Suncare Traders Ltd affected: 2.29%
  • Equity share capital of Suncare Traders Ltd remains unchanged at Rs. 51,00,00,000 divided into 25,50,00,000 shares of Rs. 2 each