Acquisitions18 Mar 2026, 03:27 pm
Rajesh Jain Acquires 52.5 Lakh Shares of Cian Healthcare Ltd for INR 5.25 Crores
AI Summary
Pursuant to the Resolution Plan approved by the NCLT, Rajesh Jain has acquired 52.5 Lakh shares of Cian Healthcare Ltd via allotment in the Board Meeting dated March 16, 2026. The acquisition, amounting to INR 5.25 Crores, 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
- Rajesh Jain acquires 52.5 Lakh shares of Cian Healthcare Ltd
- Acquisition made pursuant to the Resolution Plan approved by the NCLT
- Transaction amounting to INR 5.25 Crores
- Acquisition falls under the exemption provided in Regulation 10(1)(da)
- Share acquisition represents 21% of the diluted share capital of Cian Healthcare Ltd
Price Impact
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