Acquisitions21 May 2026, 12:11 pm
Netizen Properties Acquires 74% Stake in Thakral Services
AI Summary
Netizen Properties Pvt Ltd acquired 86,84,200 equity shares, representing 74% of the paid-up share capital of Thakral Services (India) Limited, from Paramount Park Limited on May 20, 2026. The acquisition was executed through an off-market sale between two companies with common ownership, complying with SEBI regulations. This acquisition results in Netizen Properties holding 86,84,200 shares of Thakral Services.
Key Highlights
- Netizen Properties acquired 74% stake in Thakral Services.
- The acquisition involved 86,84,200 equity shares.
- The transaction was an off-market transfer between two companies with common ownership.
- The acquisition complies with SEBI (SAST) Regulations.
- Post-acquisition, Netizen Properties holds 86,84,200 shares in Thakral Services.
Price Impact
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