Business Update13 Aug 2024, 01:27 am
Ricky Kirpalani & PACs Acquire 2.03% Stake in NALWA SONS INVESTMENTS LTD. via Open Market
AI Summary
On 25th June 2024, Ricky Kirpalani and Persons Acting in Concert (PACs) including Haresh Keswani, Johnny Kirpalani, Alisha Kirpalani, Pooja Assomull, K2 Family Private Trust, and First Water Fund, disclosed the acquisition of a 2.03% stake in NALWA SONS INVESTMENTS LTD. The acquisition was made through the open market. Before the acquisition, the acquirer held 24.73% of the total voting rights and shares; however, post-acquisition, the holding has decreased to 22.70%. The acquisition involved 1,04,209 shares, reducing the total voting rights and shares to 11,65,808.
Key Highlights
- Ricky Kirpalani and PACs acquired a 2.03% stake in NALWA SONS INVESTMENTS LTD.
- The acquisition was made through the open market on 25th June 2024.
- Before the acquisition, the acquirer held 24.73% of the total voting rights and shares.
- Post-acquisition, the holding decreased to 22.70% with 11,65,808 shares and voting rights.
- The acquisition involved 1,04,209 shares, reducing the total voting rights and shares to 11,65,808.