Acquisitions2 April 2026 at 03:08 am
Suraj Industries Acquires 20.02% Stake in Shri Gang Industries & Allied Products Ltd
AI Summary
Suraj Industries Ltd, along with Persons Acting in Concert (PACs), has acquired a 20.02% stake in Shri Gang Industries and Allied Products Limited. The acquisition was made through off-market inter-se transfer amongst the Promoter Group. The total shares acquired by Suraj Industries and PACs amount to 39,99,800, which is 18.00% of the total diluted share capital of Shri Gang Industries.
Key Highlights
- Suraj Industries acquires 20.02% stake in Shri Gang Industries
- Acquisition made through off-market inter-se transfer amongst Promoter Group
- Total shares acquired: 39,99,800
- 18.00% of the total diluted share capital of Shri Gang Industries
- Acquisition triggered disclosure requirement under Regulation 29(2) of SEBI LODR Regulations, 2015