Trading & Distributors
Acquisitions28 March 2026 at 11:11 am

Kushal Chaturvedi Acquires 2,35,000 Shares of Viksit Engineering Ltd via Allotment

AI Summary

Kushal Chaturvedi has acquired 2,35,000 fully paid-up equity shares of Viksit Engineering Ltd at a face value of INR 10/ each, amounting to INR 23,50,000. The acquisition was made pursuant to the provisions of the Resolution Plan approved by the Hon'ble National Company Law Tribunal, Mumbai Bench. The acquisition falls under the exemption provided in Regulation 10(1)(da) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Kushal Chaturvedi acquires 2,35,000 shares of Viksit Engineering Ltd.
  • The acquisition was made pursuant to the Resolution Plan approved by the Hon'ble National Company Law Tribunal.
  • The acquisition amount is INR 23,50,000.
  • The shares were acquired via allotment in the Board Meeting dated March 27, 2026.
  • The acquisition falls under the exemption provided in Regulation 10(1)(da) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.