
Acquisitions2 April 2026 at 04:35 am
Neev Nirav Jogani Acquires 24.80% Stake in Span Divergent Ltd. Through Preferential Allotment
AI Summary
Neev Nirav Jogani has acquired a 24.80% stake in Span Divergent Ltd. through a preferential allotment on 28th March, 2026. This acquisition was made in accordance with Regulation 29(1) and Regulation 29(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The shares were acquired at a price of 0 per share. This acquisition increases Jogani's holding from 0 to 24.80% in the company.
Key Highlights
- Neev Nirav Jogani acquires 24.80% stake in Span Divergent Ltd.
- Acquisition made through preferential allotment on 28th March, 2026.
- Acquisition in accordance with SEBI Regulations 29(1) and 29(3).
- Share price for the acquisition was 0 per share.
- Jogani's holding in the company increased from 0 to 24.80%.
SDLPharmaceuticals
Span Divergent Ltd-$Price Impact