Acquisitions24 Mar 2026, 09:31 pm
Shree Ganesh Bio Tech Acquires 1,34,58,166 Shares of Suncare Traders Ltd
AI Summary
The Exchange has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Shree Ganesh Bio Tech (India) Limited. The company has acquired 1,34,58,166 shares of Suncare Traders Ltd, which is 5.28% of the total diluted share/voting capital of the target company. The acquisition was made through a mode other than open market, public issue, rights issue, preferential allotment, or inter-se transfer. The securities bought do not have any specific redemption time and cannot be converted into equity shares. The acquisition was made on 22.03.2026.
Key Highlights
- Shree Ganesh Bio Tech acquires 1,34,58,166 shares of Suncare Traders Ltd
- The acquisition is 5.28% of the total diluted share/voting capital of Suncare Traders Ltd
- The acquisition was made on 22.03.2026
- The securities bought do not have any specific redemption time and cannot be converted into equity shares
- The acquisition was made through a mode other than open market, public issue, rights issue, preferential allotment, or inter-se transfer