Acquisitions19 Aug 2025, 01:30 pm
Monarch Networth Capital Acquires 1.82% Stake in Metropolitan Stock Exchange for Rs. 40 Crores
AI Summary
Monarch Networth Capital Ltd has completed the acquisition of 20,00,00,000 equity shares of Metropolitan Stock Exchange of India Limited at a price of Rs. 2 per share, amounting to Rs. 40,00,00,000. This represents a 1.82% holding in the Target Company. The acquisition was confirmed by the Target Company on August 18, 2025.
Key Highlights
- Monarch Networth Capital acquires 1.82% stake in Metropolitan Stock Exchange
- The acquisition cost was Rs. 40,00,00,000
- 20,00,00,000 equity shares of face value Rs. 1 each were purchased
- The acquisition was confirmed by the Target Company on August 18, 2025