Acquisitions2 Nov 2026, 10:48 am
Devinsu Trading: Jaison Vijay Shah Acquires 29.17% Stake
AI Summary
Jaison Vijay Shah and associates have acquired 1,71,493 equity shares, representing 29.17% of the total share capital, in Devinsu Trading Limited. The acquisition was made off-market through a Share Purchase Agreement dated May 20, 2026, and consummated on October 29, 2026. Prior to this transaction, the acquirers held 0.00% of the company's shares. The total equity share capital of Devinsu Trading Limited remains Rs. 58,80,000, comprising 5,88,000 equity shares of Rs. 10/- each.
Key Highlights
- Acquirers purchased 1,71,493 shares, increasing stake to 29.17%.
- Transaction was an off-market acquisition via Share Purchase Agreement.
- Acquisition consummated on October 29, 2026.
- Pre-acquisition holding was 0.00%.
Price Impact
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