Acquisitions18 Mar 2026, 03:16 pm
Raj Kotia Acquires 47.89% Shares in Sungold Media and Entertainment Ltd Through Open Market Purchase
AI Summary
According to a disclosure made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Raj Kotia, a promoter of Sungold Media and Entertainment Ltd, has acquired 47.89% shares of the company. The acquisition was made through open market purchase. The total equity share capital of the company is Rs. 11,00,00,000/- divided into 1,10,00,000 Equity Shares of Rs. 10/- each, both before and after the acquisition.
Key Highlights
- Raj Kotia, a promoter of Sungold Media and Entertainment Ltd, has acquired 47.89% shares of the company
- The acquisition was made through open market purchase
- The total equity share capital of the company is Rs. 11,00,00,000/- divided into 1,10,00,000 Equity Shares of Rs. 10/- each, both before and after the acquisition