Acquisitions30 Oct 2026, 05:21 pm
CCME Global: Padmanaban Krishnamoorthy Acquires 9 Cr Shares via Preferential Allotment
AI Summary
CCME Global Limited (formerly Genesis IBRC India Limited) has announced a preferential allotment to Mr. Padmanaban Krishnamoorthy, involving 9,00,00,000 equity shares. This transaction increases his holding from 2,80,70,400 shares (62.03%) to 11,80,70,400 shares (60.21%). The acquisition was completed on October 28, 2026. The total paid-up share capital of the company increased from INR 45,25,00,000/- to INR 196,09,22,440/- post-acquisition.
Key Highlights
- Padmanaban Krishnamoorthy acquired 9,00,00,000 equity shares via preferential allotment.
- His shareholding increased from 62.03% to 60.21% post-acquisition.
- The transaction occurred on October 28, 2026.
- Company's paid-up capital increased significantly post-allotment.
Price Impact
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