
Acquisitions19 Jan 2026, 07:21 pm
Akhil Mittal Acquires Shares in Ramchandra Leasing & Finance Ltd, Increasing His Holding to 27.46%
AI Summary
According to a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Akhil Mittal has acquired shares in Ramchandra Leasing & Finance Ltd. The acquisition was made through an Inter-Se Transfer in compliance with a Share Purchase Agreement dated November 29, 2024. Before the acquisition, Akhil Mittal held 27.17% of the company's shares. After the acquisition, his holding has increased to 27.46%. The total equity share capital and total voting capital of the company remains unchanged at 8,11,62,000.
Key Highlights
- Akhil Mittal acquires shares in Ramchandra Leasing & Finance Ltd
- The acquisition was made through an Inter-Se Transfer
- Before the acquisition, Akhil Mittal held 27.17% of the company's shares
- After the acquisition, his holding has increased to 27.46%
- The total equity share capital and total voting capital of the company remains unchanged