Acquisitions31 Jan 2024, 06:29 pm
Sandhar Technologies Ltd Acquires 100% Stake in Investee Company
AI Summary
Sandhar Technologies Limited has acquired 20.08% of the total issued and paid up share capital of Investee Company, making it a wholly-owned subsidiary. The company has acquired 11,95,000 equity shares from M/s Stitch Overseas Private Limited and 5,000 equity shares from Mr. Jayant Davar, taking its total shareholding to 100%.,
Key Highlights
- Sandhar Technologies Ltd acquires 100% stake in Investee Company
- Company acquires 20.08% of total issued and paid up share capital of Investee Company
- Investee Company becomes wholly-owned subsidiary of Sandhar Technologies Limited