StockWatch
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Non Banking Financial Company (NBFC)
Acquisitions23 Oct 2026, 06:50 pm

Aar Shyam India Investment Allots 1.45 Cr Shares for SVR Electro Acquisition

AI Summary

Aar Shyam India Investment Company Ltd announced the allotment of 1,45,41,000 Equity Shares on a preferential basis for consideration other than cash, as part of the acquisition of 100% share capital of SVR Electro Projects Private Limited. Additionally, 48,66,666 Equity Shares were allotted on a preferential basis for cash consideration. The total number of shares allotted for cash was 66,667 less than initially proposed due to partial subscription by an allottee. The board meeting where these decisions were made concluded on October 23, 2026.

Key Highlights

  • Company acquired SVR Electro Projects Private Limited.
  • 1,45,41,000 equity shares allotted for acquisition via share swap.
  • 48,66,666 equity shares allotted for cash consideration.
  • Allotment price for both was Rs. 15 per share.
  • Board meeting held on October 23, 2026, approved the allotment.