Shareholding2 Jun 2026, 04:17 pm
KD Green Industries: Sangeeta Pareekh & PACs Acquire Stake via Warrants
AI Summary
Sangeeta Pareekh and Persons Acting in Concert (PACs), including BGP 11 Analytics Private Limited and Securocrop Securities India Private Limited, have disclosed a substantial acquisition of equity shares in KD Green Industries Limited (formerly Manbro Industries Limited). The acquisition, totaling 2,14,00,000 equity shares representing 21.08% of the total capital, was executed through the preferential allotment conversion of warrants. Prior to this, the acquirer group held 5.75% of the total capital. The company's equity share capital increased from ₹5.80 Cr to ₹10.15 Cr post-acquisition.
Key Highlights
- Sangeeta Pareekh & PACs acquired 21.08% stake in KD Green Industries.
- Acquisition was via preferential allotment upon warrant conversion.
- Total equity capital increased from ₹5.80 Cr to ₹10.15 Cr.
- Sangeeta Pareekh's pre-acquisition holding was 1.72% shares and 2.96% warrants.
- The target company was formerly known as Manbro Industries Limited.
Price Impact
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