Acquisitions26 Feb 2026, 04:52 pm
Sharp Eye Medicare Acquires 9.98% Stake in Sharpline Broadcast via Preferential Allotment
AI Summary
Sharp Eye Medicare Private Limited has acquired 9.98% stake in Sharpline Broadcast Limited through a preferential allotment of 28,57,142 equity shares. This is the first-time acquisition of shares in Sharpline Broadcast Limited by Sharp Eye Medicare Private Limited, thereby crossing the 5% threshold prescribed under Regulation 29(1).
Key Highlights
- Sharp Eye Medicare Private Limited has acquired 9.98% stake in Sharpline Broadcast Limited
- The acquisition was made through a preferential allotment of 28,57,142 equity shares
- This is the first-time acquisition of shares in Sharpline Broadcast Limited by Sharp Eye Medicare Private Limited
- The acquisition crosses the 5% threshold prescribed under Regulation 29(1)
- The transaction is worth Rs. 28,63,49,160