Varanium India Opportunity acquires 5.38% in Gayatri Projects

Varanium India Opportunity Ltd has acquired 2,50,00,000 equity shares, representing a 5.38% stake, in Gayatri Projects Limited. The acquisition was made through a preferential allotment. Prior to this transaction, Varanium India Opportunity Ltd held no shares in Gayatri Projects. Following the acquisition, its total holding stands at 5.38%. The equity share capital of Gayatri Projects increased from ₹59.24 crore (29.62 crore shares) to ₹92.86 crore (46.43 crore shares) after this allotment. The reported date of acquisition is April 23, 2026.