Acquisitions22 May 2026, 10:26 am
Farmico Intl Acquires 74.64% Stake in Simandhar Impex
AI Summary
Farmico International Private Limited acquired 22,81,615 equity shares of Simandhar Impex Limited, representing 74.64% of the total voting capital, on May 21, 2026, pursuant to a Share Purchase Agreement dated January 14, 2026. Before the acquisition, Farmico International held 0 shares. After the acquisition, Farmico International holds 74.64% of the voting rights.
Key Highlights
- Farmico International acquired 22,81,615 shares of Simandhar Impex.
- The acquisition represents 74.64% of Simandhar Impex's total voting capital.
- The transaction was executed via a Share Purchase Agreement.
- Post-acquisition, Farmico International holds 74.64% of Simandhar Impex's voting rights.
Price Impact
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