Acquisitions22 May 2025, 04:41 pm
June Enterprises to Acquire 26.00% Stake in Kashyap Tele-Medicines for 1.50/- per Share
AI Summary
June Enterprises Private Limited has announced an Open Offer to acquire up to 1,24,07,720 Offer Shares representing 26.00% of the Voting Share Capital of Kashyap Tele-Medicines Limited from its Public Shareholders. The Offer Price is 1.50/- per Offer Share, payable in cash, assuming full acceptance. This Offer is triggered in compliance with the provisions of Regulations 3(1), and 4 of the SEBI (SAST) Regulations, pursuant to the execution of the Share Purchase Agreement dated Wednesday, March 05, 2025.
Key Highlights
- June Enterprises to acquire 26.00% stake in Kashyap Tele-Medicines Limited
- Offer Price is 1.50/- per Offer Share, payable in cash
- Triggered in compliance with the provisions of Regulations 3(1), and 4 of the SEBI (SAST) Regulations
- Pursuant to the execution of the Share Purchase Agreement dated Wednesday, March 05, 2025
- Maximum consideration of aggregating to an amount of 21,86,11,580.00/-