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Diversified Commercial Services
Acquisitions27 Oct 2025, 05:51 pm

Harmony Remedies India Private Limited to Acquire 40% Stake in N2N Technologies Ltd for INR 55.52 Crores

AI Summary

Harmony Remedies India Private Limited, along with Mr. Firoze Nariman Kapadia and Ms. Aditi Vipin Parikh, has made a public announcement for an open offer to acquire up to 12,91,228 equity shares of N2N Technologies Ltd, representing 40% of the expanded voting capital. The offer price is INR 4.30 per share, amounting to a total consideration of INR 55.52 crores. This offer is a triggered offer made in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer is not subject to any minimum level of acceptance.

Key Highlights

  • Harmony Remedies India Private Limited to acquire 40% stake in N2N Technologies Ltd
  • Offer price is INR 4.30 per share
  • Total consideration is INR 55.52 crores
  • Triggered offer made in compliance with SEBI (SAST) Regulations
  • Not subject to any minimum level of acceptance
NNTL
Diversified Commercial Services
N2N Technologies Limited

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