Shareholding5 Jun 2026, 03:09 pm
CAG-Tech Acquires 4.99% Stake in Sundrop Brands
AI Summary
CAG-Tech (Mauritius) Ltd has acquired an additional 1,881,073 equity shares, representing 4.99% of the total share capital, in Sundrop Brands Limited (formerly Agro Tech Foods Limited). This acquisition increases CAG-Tech's total holding to 16,547,595 shares, or 43.90% of the total share capital. The entire holding of CAG-Tech, amounting to 38.91% prior to this acquisition, is subject to a non-disposal undertaking. The transaction was conducted off-market.
Key Highlights
- CAG-Tech (Mauritius) Ltd acquired 1.88 million shares in Sundrop Brands.
- The acquisition represents a 4.99% stake in the company.
- Sundrop Brands was formerly known as Agro Tech Foods Limited.
- CAG-Tech's total holding now stands at 43.90%.
- The entire shareholding is under a non-disposal undertaking.
Price Impact
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