Acquisitions22 Mar 2025, 04:14 pm
Acquirers to Acquire 26.00% Stake in Ador Multiproducts Ltd for INR 7,80,80,800
AI Summary
Corporate Professionals Capital Pvt Ltd, on behalf of Mr. Arvinder Singh Pasricha, Ms. Aman Pasricha Balsara, Ms. Zinnia Pasricha, and Thrive Future Habitats Infra Private Limited, along with Mr. Tushar Rohinton Baisara, have submitted a public announcement to acquire up to 24,85,858 Equity Shares of Ador Multiproducts Ltd, representing 26.00% of the Paid-up Equity Share Capital. The acquisition will be at a price of INR 31.41/- per share, amounting to INR 7,80,80,800 in total. This offer is in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments.
Key Highlights
- Acquirers to acquire up to 24,85,858 Equity Shares of Ador Multiproducts Ltd
- 26.00% stake acquisition of Ador Multiproducts Ltd
- Acquisition price set at INR 31.41/- per share
- Total consideration amounts to INR 7,80,80,800
- Compliance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments