Acquisitions12 Mar 2026, 12:56 pm
Galaxy Agrico Exports Ltd Acquires Majority Stake in Earth Capital Finvest Limited for 10 Crore
AI Summary
Galaxy Agrico Exports Ltd has announced that it has made an investment in Earth Capital Finvest Limited, a company engaged in financial services. The investment was made in accordance with the objects of the Rights Issue as specified in the Letter of Offer issued by Galaxy Agrico Exports Ltd. As a result of this investment, Galaxy Agrico Exports Ltd now holds a majority stake in Earth Capital Finvest Limited. The cost of the acquisition was 10 Crore.
Key Highlights
- Galaxy Agrico Exports Ltd has acquired a majority stake in Earth Capital Finvest Limited.
- The cost of the acquisition was 10 Crore.
- Earth Capital Finvest Limited is engaged in the business of providing financial services.
- The acquisition was made in line with the objects of the Rights Issue as stated in the Letter of Offer.
- Galaxy Agrico Exports Ltd now holds 45.45% shareholding in Earth Capital Finvest Limited.