Acquisitions19 Mar 2026, 05:06 pm
Onix Renewable Acquires 77.99% Stake in Sarda Proteins Ltd
AI Summary
Onix Renewable Ltd has acquired 70,00,000 shares of Sarda Proteins Limited, which amounts to 77.99% of the total voting capital. This acquisition was made on the Bombay Stock Exchange Limited. Before the acquisition, Onix Renewable along with PACs held no shares or voting rights in Sarda Proteins. The acquisition was made through preferential allotment upon conversion of issue shares.
Key Highlights
- Onix Renewable acquires 77.99% stake in Sarda Proteins Ltd
- Acquisition made through preferential allotment upon conversion of issue shares
- Before the acquisition, Onix Renewable held no shares or voting rights in Sarda Proteins
- Acquisition of 70,00,000 shares of Sarda Proteins Limited
- Acquisition made on the Bombay Stock Exchange Limited