Acquisitions3 Feb 2026, 11:02 am
Ritesh Arora and Rijul Arora Acquire 4.98% Stake in Ritesh International Ltd via Preferential Issue
AI Summary
Ritesh Arora and Rijul Arora have acquired 8,20,000 shares, which amounts to 4.98%, of Ritesh International Ltd by way of preferential issue. This acquisition makes them the new shareholders in the company with a significant stake. The total equity share capital of the company after the acquisition is 93,72,822, with the acquirers holding 48.03% of the total capital.
Key Highlights
- Ritesh Arora and Rijul Arora have acquired 4.98% stake in Ritesh International Ltd.
- The acquisition was made through a preferential issue of 8,20,000 shares.
- The total equity share capital of the company after the acquisition is 93,72,822.
- The acquirers hold 48.03% of the total capital of the company.
- This acquisition will likely have an impact on the company's future operations and financial performance.
Price Impact
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