StockWatch
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IT Enabled Services
Shareholding1 Aug 2026, 01:01 pm

Moneywise Financial Services Acquires 1.25% Stake in Praruh Technologies

AI Summary

Moneywise Financial Services Private Limited has acquired 1,74,000 equity shares, representing 1.25% of the total share capital, in Praruh Technologies Limited through open market transactions on July 17, 2026. Prior to this acquisition, Moneywise Financial Services held 6.19% of Praruh Technologies. Following the transaction, their total holding has reduced to 4.94% (6,88,000 shares). The total equity share capital of Praruh Technologies remains at ₹13,93,00,000, divided into 1,39,30,000 equity shares of ₹100 each. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Moneywise Financial Services acquired 1.25% stake in Praruh Technologies.
  • Acquisition was made via open market transactions on July 17, 2026.
  • Post-acquisition, Moneywise's holding in Praruh reduced to 4.94%.
  • Disclosure filed under SEBI Takeover Regulations.