Acquisitions30 Jun 2025, 07:11 pm
Raconteur Global Resources Ltd. Announces Acquisition of Three New Companies and Increase in Authorized Share Capital
AI Summary
Raconteur Global Resources Ltd., formerly known as Ganesh Films India Limited, announced the outcomes of their Board of Directors meeting held on 30th June 2025. The board approved the acquisition of Trustfield Project and Infra Limited, Rockbase Real Estate Projects Limited, and Skycrest Project Limited. These strategic acquisitions aim to enhance the company's business capabilities, diversify its portfolio, and expand its reach across India. The company also approved an increase in its authorized share capital, subject to approval from the members at the upcoming Annual General Meeting. The details of the proposed altered clause of Memorandum of Association are provided in Annexure-I.
Key Highlights
- Acquisition of Trustfield Project and Infra Limited, Rockbase Real Estate Projects Limited, and Skycrest Project Limited
- Increase in authorized share capital of the company
- Strategic acquisitions to enhance business capabilities and vertical integration
- Diversification of portfolio and expansion across India
- Subject to satisfactory conclusion of regulatory compliance