StockWatch
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Edible Oil
Shareholding5 Jun 2026, 02:54 pm

CAG-Tech (Mauritius) acquires 1.88M shares (4.99%) of Sundrop Brands

AI Summary

CAG-Tech (Mauritius) Ltd, a promoter group entity of Sundrop Brands Limited, has acquired an additional 1,881,073 equity shares of the company through an off-market transaction. This acquisition represents a 4.99% increase in their stake. Prior to this, CAG-Tech held 14,666,522 shares, or 38.91% of the total share capital. Following the acquisition, their total shareholding in Sundrop Brands Limited has risen to 16,547,595 shares, amounting to 43.90% of the company's total share capital. The equity share capital of Sundrop Brands Limited remains unchanged at ₹37,69,68,530.

Key Highlights

  • CAG-Tech (Mauritius) acquired 1,881,073 shares of Sundrop Brands.
  • This off-market acquisition increased their stake by 4.99%.
  • Promoter group's total holding now stands at 43.90%.
  • The acquirer is part of the Promoter/Promoter group.