Acquisitions23 Mar 2026, 03:29 pm
Purshottam Investofin Ltd Receives Disclosure for Substantial Acquisition of Shares by Artha Shree Pvt Ltd & PACs
AI Summary
The Exchange has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Purshottam Investofin Ltd. Artha Shree Pvt Ltd and PACs have acquired 1,40,999 Equity Shares of Purshottam Investofin Ltd, which amounts to 11.91% of the total diluted equity share capital. The acquisition also includes warrants and convertible securities that entitle the acquirer to receive shares carrying voting rights in the Target Company.
Key Highlights
- Artha Shree Pvt Ltd and PACs have acquired 1,40,999 Equity Shares of Purshottam Investofin Ltd.
- The acquisition amounts to 11.91% of the total diluted equity share capital.
- The acquisition includes warrants and convertible securities that entitle the acquirer to receive shares carrying voting rights in the Target Company.
- The total holding of Artha Shree Pvt Ltd and PACs before the acquisition was 11.29%.
- The acquisition was made through a mode other than open market, public issue, rights issue, or preferential allotment.