Acquisitions15 Sept 2025, 12:13 pm
Synthiko Foils Ltd: Abhishek Narbaria and Umesh Kumar Sahay to Acquire 52.28% Stake for Rs. 11,18,93,469
AI Summary
Abhishek Narbaria and Umesh Kumar Sahay have entered into a Share Purchase Agreement to acquire 9,09,703 equity shares of Synthiko Foils Ltd, representing 52.28% of the company's equity and voting share capital. The acquisition is priced at Rs. 123.00 per Equity Share, amounting to Rs. 11,18,93,469. The Open Offer is not a competing offer and has been made under Regulations 3(1) and 4 of the SEBI (SAST) Regulations.
Key Highlights
- Abhishek Narbaria and Umesh Kumar Sahay to acquire 52.28% stake in Synthiko Foils Ltd
- The acquisition is priced at Rs. 123.00 per Equity Share
- The total amount for the acquisition is Rs. 11,18,93,469
- The Open Offer is not a competing offer
- The acquisition is made under Regulations 3(1) and 4 of the SEBI (SAST) Regulations