Shree Ganesh Bio-Tech Acquires 1,34,58,166 Shares of Suncare Traders Ltd

The Exchange has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shree Ganesh Bio Tech India Ltd. The disclosure reveals that Shree Ganesh Bio-Tech has acquired 1,34,58,166 shares of Suncare Traders Ltd. The shares were acquired in the form of shares carrying voting rights. No shares were held in the nature of encumbrance before or after the acquisition. The acquisition did not involve any warrants or convertible securities. The equity share capital of Suncare Traders Ltd remains the same before and after the acquisition, divided into 25,50,00,000 equity shares of INR 2 each.