Acquisitions24 Jan 2026, 05:51 pm
BBU Enterprise, Touristas Horizons, and Nikhil Pujari to Acquire 26% Stake in Switching Technologies Gunther Ltd
AI Summary
BBU Enterprise, Touristas Horizons, and Nikhil Pujari have signed a share purchase agreement to acquire 37.63% of Switching Technologies Gunther Ltd, which includes 26% from public shareholders. The offer price is Rs. 66.00 per equity share. This is a triggered offer in compliance with Regulation 3(1) and 4 of the Takeover Regulations.
Key Highlights
- BBU Enterprise, Touristas Horizons, and Nikhil Pujari to acquire 26% stake in Switching Technologies Gunther Ltd from public shareholders
- Offer price is Rs. 66.00 per equity share
- Acquirers to acquire 37.63% of the company's fully paid-up equity share capital
- This is a triggered offer in compliance with Regulation 3(1) and 4 of the Takeover Regulations
- Acquirers do not hold any equity shares of the target company presently