Partnership14 Jun 2024, 10:07 pm
SAIF Partners India IV Ltd Acquires Entire Stake in Senco Gold Ltd via Open Market
AI Summary
SAIF Partners India IV Ltd has disclosed the acquisition of the entire stake in Senco Gold Ltd through the open market. The acquisition took place on 13th June 2024, with SAIF Partners India IV Ltd purchasing 5,136,058 shares, which is 6.61% of the total voting shares and capital. The total equity share capital and total voting capital of Senco Gold Ltd remained the same at Rs. 777,041,730/- comprising of 77,704,173 equity shares of face value of Rs.10/- each, before and after the acquisition. The total diluted share/voting capital of Senco Gold Ltd also remained the same at Rs. 777,041,730/- comprising of 77,704,173 equity shares of face value of Rs.10/- each, after the acquisition.
Key Highlights
- SAIF Partners India IV Ltd acquires entire stake in Senco Gold Ltd
- 6.61% of total voting shares and capital acquired
- Acquisition made through open market
- No changes in equity share capital, total voting capital, or diluted share/voting capital of Senco Gold Ltd post-acquisition
- Acquisition disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011