Shivansh Finserve Approves Share Capital Increase & Acquisitions

Shivansh Finserve Ltd's Board of Directors met on September 5, 2026, approving a significant increase in authorized share capital from ₹10.25 Crores to ₹50 Crores, subject to shareholder approval. The board also finalized the acquisition of M/s. Startech Infralogistics Private Limited (SIPL) and M/s. Peepal Mining and Logistics Private Limited (PMLPL). The acquisition of SIPL involves 11,18,149 equity shares (19.50% stake) for a consideration of ₹42.49 Crores via share swap. The acquisition of PMLPL involves its equity shares (19.50% stake) for a consideration of ₹38.83 Crores, also via share swap. Both SIPL and PMLPL will become investee companies of Shivansh Finserve. Valuation reports for these acquisitions were also taken on record.