Shareholding12 Sept 2026, 11:00 am
Chennupati Sarath Kumar Acquires 29.05% in Reliable Ventures India
AI Summary
Chennupati Sarath Kumar, identified as belonging to the promoter group, has acquired a substantial stake of 32,00,000 equity shares, representing 29.05% of the total equity capital, in Reliable Ventures India Limited. The acquisition took place on September 1st and 2nd, 2026. Prior to this transaction, the acquirer's holding was nil. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Acquirer Chennupati Sarath Kumar gains 29.05% stake.
- Acquisition involves 3.2 million equity shares.
- Acquirer belongs to the promoter group.
- Transaction occurred on September 1-2, 2026.
- Disclosure made under SEBI Takeover Regulations.
Price Impact
More from RELIABVEN