Acquisitions24 Nov 2025, 07:20 pm
Bridge India Fund Acquires 5.94% Stake in Clara Industries Ltd via Secondary Market
AI Summary
Bridge India Fund has disclosed the acquisition of 5.94% stake in Clara Industries Ltd under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition was made through the secondary market. Before the acquisition, Bridge India Fund did not hold any shares or voting rights in Clara Industries Ltd. Post-acquisition, Bridge India Fund holds 5.94% of the total voting capital of Clara Industries Ltd, which is equal to 14,23,450 shares carrying voting rights.
Key Highlights
- Bridge India Fund acquires 5.94% stake in Clara Industries Ltd
- The acquisition was made through the secondary market
- No shares or voting rights were held by Bridge India Fund before the acquisition
- 14,23,450 shares carrying voting rights are now held by Bridge India Fund
- The transaction is disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
Price Impact
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