StockWatch
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Non Banking Financial Company (NBFC)
Acquisitions10 Mar 2026, 05:08 pm

Shripal Shah Acquires 26.09% Stake in Aryaman Financial Services Ltd via Mahshri Enterprises Pvt Ltd

AI Summary

Aryaman Financial Services Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Shripal Shah. Shripal Shah has inherited 6,00,000 equity shares (26.09%) of Mahshri Enterprises Private Limited, which holds 62.45% stake in Aryaman Financial Services Ltd. This acquisition is through transmission by late Mrs Roopa S. Shah, who was part of the Promoter Group of Promoter Holding Company. There is no change in control of the Promoter Holding Company or the Target Company.

Key Highlights

  • Shripal Shah has acquired 26.09% stake in Aryaman Financial Services Ltd through Mahshri Enterprises Pvt Ltd.
  • Acquisition is through transmission by late Mrs Roopa S. Shah, who was part of the Promoter Group of Promoter Holding Company.
  • No change in control of the Promoter Holding Company or the Target Company.
  • Mahshri Enterprises Pvt Ltd holds 62.45% stake in Aryaman Financial Services Ltd.
  • Shripal Shah is one of the promoters of Mahshri Enterprises Pvt Ltd.