Business Update6 Dec 2023, 11:02 pm
Great Terrain Investment Ltd Discloses Acquisition of Shares and Encumbrance of Shares
AI Summary
The Exchange has received a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Great Terrain Investment Ltd regarding the acquisition of shares and encumbrance of shares. The disclosure has been made pursuant to a fixed and floating charge agreement dated April 29, 2022 entered into with the company and its subsidiaries.,
Key Highlights
- Great Terrain Investment Ltd has acquired 97,59,730 equity shares of Computer Age Management Services Ltd (19.87%), by way of an open market sale
- The acquisition has reduced the shareholding of Great Terrain Investment Ltd in Computer Age Management Services Ltd to nil (0%) shares
- The disclosure has been made pursuant to a fixed and floating charge agreement dated April 29, 2022 entered into with the company and its subsidiaries