Acquisitions18 Mar 2026, 03:19 pm
Pradeep Kumar Jain Acquires 47.5 Lakh Shares of Cian Healthcare Ltd via Allotment
AI Summary
Pradeep Kumar Jain has acquired 47,50,000 fully paid-up equity shares of Cian Healthcare Ltd, amounting to INR 4,75,00,000, via allotment in the Board Meeting dated March 16, 2026. This acquisition is pursuant to the resolution plan approved by the Hon'ble National Company Law Tribunal, Mumbai Bench. The acquisition falls under the exemption provided in Regulation 10(1)(da) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Pradeep Kumar Jain acquires 47.5 lakh shares of Cian Healthcare Ltd.
- The acquisition is worth INR 4,75,00,000.
- The shares were acquired via allotment in the Board Meeting dated March 16, 2026.
- The acquisition is pursuant to the resolution plan approved by the Hon'ble National Company Law Tribunal.
- The acquisition falls under the exemption provided in Regulation 10(1)(da) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Price Impact
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