Corporate Action27 Oct 2026, 02:48 pm
Radha Krishna Avudari Allotted 1.03 Cr Equity Shares
AI Summary
Radha Krishna Avudari, for self and on behalf of PACs, has been allotted 1,03,24,110 Equity Shares of Face Value of Rs. 10/- each of Avudari Engineering Limited (Formerly known as Aar Shyam India Investment Company Limited) pursuant to preferential allotment. This allotment increases their holding to 14.00% of the total share capital. The acquisition date is October 23, 2026.
Key Highlights
- Radha Krishna Avudari and PACs allotted 1.03 Cr equity shares.
- The allotment is via preferential allotment in Avudari Engineering Ltd.
- Post-allotment, their holding is 14.00% of total share capital.
- The transaction is classified as a corporate action.
Price Impact
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