Acquisitions25 Oct 2025, 04:09 pm
Futuristic Solutions Acquires 11.96% Stake in Diana Euro Chem for Rs. 6,79,61,250
AI Summary
Futuristic Solutions Ltd. has approved a post-facto Share Purchase Agreement (SPA) with Diana Euro Chem Private Limited. The company has agreed to acquire 250 equity shares of Diana Euro Chem Private Limited for a total consideration of Rs. 6,79,61,250. Diana Euro Chem is engaged in real estate and settlement of claims business activity. The acquisition is expected to fetch a significant return due to the development of the area and the upcoming New Delhi-Dehradun Highway. The transfer has already been executed on 3rd October 2025 and ratified by the Board.
Key Highlights
- Futuristic Solutions to acquire 11.96% stake in Diana Euro Chem
- Total consideration of Rs. 6,79,61,250 for 250 equity shares
- Diana Euro Chem engaged in real estate and settlement of claims business
- Acquisition expected to fetch significant return due to area development and highway inauguration
- Transfer executed on 3rd October 2025 and ratified by Board