Shareholding8 Jun 2026, 05:43 pm
Nine ALPS Trust Acquires 9.92% Stake in Aanchal Ispat
AI Summary
Nine ALPS Trust, through its Opportunity Fund, has acquired a 9.92% stake in Aanchal Ispat Limited. The acquisition, totaling 4,20,000 equity shares, was made via allotment in a Qualified Institutional Placement (QIP). The transaction increases the total diluted share capital of Aanchal Ispat. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Nine ALPS Trust acquired 9.92% stake in Aanchal Ispat.
- Acquisition involved 4,20,000 equity shares.
- Transaction was via allotment in QIP.
- Disclosure made under SEBI Takeover Regulations.
- Post-acquisition, Aanchal Ispat's share capital increased.
Price Impact
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