Acquisitions23 Mar 2026, 06:52 pm
Instant Holdings Acquires 41.45% Stake in FGP Limited
AI Summary
Instant Holdings Limited, along with seven Persons Acting in Concert (PACs), has acquired a significant stake in FGP Limited. The total shares acquired are 4,930,100, which amounts to 41.45% of the total voting capital of FGP Limited. This acquisition was made through a combination of voting rights, warrants, and convertible securities.
Key Highlights
- Instant Holdings Limited has acquired a 41.45% stake in FGP Limited
- The acquisition was made through a combination of voting rights, warrants, and convertible securities
- The total shares acquired are 4,930,100
- Seven PACs were involved in the acquisition
- The acquisition was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011