
Acquisitions2 Nov 2026, 05:10 pm
Afcom Holdings Acquisition Deferred Due to Locked Promoter Shares
AI Summary
Manjula Annamalai has informed the Exchange about the deferment of a proposed transaction involving the acquisition of 10,43,766 equity shares of Afcom Holdings Limited from Wg Cdr (Retd) Jaganmohan Manthena. The transaction, originally scheduled for October 28, 2026, has been postponed because the promoter's shares are currently locked and unavailable for transfer. A new disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, will be submitted once the shares are unlocked and the transaction is rescheduled.
Key Highlights
- Proposed acquisition of 10,43,766 shares deferred.
- Transaction delayed due to locked promoter shares.
- New disclosure to be filed upon rescheduling.
- Compliance with SEBI (SAST) Regulations maintained.
Price Impact
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