
Nyra Business Development LLP Acquires 23.17% Stake in Euro Asia Exports Limited
Nyra Business Development LLP has acquired Euro Asia Exports Limited equity shares, which constitute 23.17% of the total equity paid-up capital of the company. This acquisition is in accordance with the disclosure requirements under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition details are as follows: Nyra Business Development LLP acquired 3,63,500 shares, which amounts to 23.17% of the total equity and voting rights. No warrants, convertible securities, or any other instruments that entitle the acquirer to receive shares carrying voting rights in the company were acquired. The acquisition was made off-market on 25th and 27th January 2025. The equity share capital of Euro Asia Exports Limited before and after the acquisition remains the same at 15,68,800 Equity Shares of 10 each. The total diluted share/voting capital of the company also remains the same after the acquisition.
Key Highlights
- Nyra Business Development LLP acquires 23.17% stake in Euro Asia Exports Limited
- Acquisition of 3,63,500 shares made off-market
- No warrants, convertible securities, or other instruments acquired
- Equity share capital and total voting capital remain unchanged
- Acquisition in accordance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011