Acquisitions7 Apr 2026, 05:11 pm
Kundan Minerals' Foreign Subsidiary in Advanced Discussions for Acquisition in Mauritania
AI Summary
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kundan Minerals and Metals Limited has informed that its foreign subsidiary, Kundan Ventures FZCO, is currently in advanced discussions regarding potential investment opportunities in Mauritania. This involves the acquisition of companies, which is a significant development for the company. The matter is under evaluation and negotiations, and the company will make appropriate disclosures to the Stock Exchange(s) upon finalization of the transaction.
Key Highlights
- Kundan Minerals and Metals Limited's foreign subsidiary, Kundan Ventures FZCO, is in advanced discussions for acquisition in Mauritania.
- The acquisition is a potential investment opportunity in Mauritania.
- The matter is currently under evaluation and negotiations.
- Kundan Minerals and Metals Limited will make appropriate disclosures to the Stock Exchange(s) upon finalization of the transaction.
Price Impact
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