Acquisitions24 Mar 2026, 06:32 pm
Instant Holdings Ltd Acquires 41.45% Stake in FGP Ltd
AI Summary
Instant Holdings Ltd, along with six other Persons Acting in Concert (PAC), have acquired a 41.45% stake in FGP Ltd. The acquisition was made through 4,930,100 shares, which includes voting rights, warrants, and convertible securities. The total equity share capital of FGP Ltd is 11,895,051 shares of face value Rs. 10/- each. The acquisition was made through open market purchases.
Key Highlights
- Instant Holdings Ltd acquires 41.45% stake in FGP Ltd
- Six other PACs involved in the acquisition
- Acquisition made through 4,930,100 shares
- Shares include voting rights, warrants, and convertible securities
- Total equity share capital of FGP Ltd is 11,895,051 shares