Acquisitions5 Dec 2025, 07:22 pm
Kiran Vyapar Ltd to Acquire 5% Stake in Altstar Capital Management for INR 7,03,18,430
AI Summary
Kiran Vyapar Ltd has agreed to acquire 5% of the paid-up share capital in Altstar Capital Management Private Limited (ACMPL) for a total consideration not exceeding INR 7,03,18,430. The acquisition is strategic in nature and will help the Company to enhance its business activities. The acquisition does not require any governmental or regulatory approvals and is expected to be completed upon fulfillment of customary conditions.
Key Highlights
- Kiran Vyapar Ltd to acquire 5% stake in Altstar Capital Management Private Limited
- Total consideration not exceeding INR 7,03,18,430
- Acquisition strategic in nature, aimed to enhance business activities
- No governmental or regulatory approvals required
- Completion subject to customary conditions precedent