StockWatch
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Non Banking Financial Company (NBFC)
Acquisitions26 Feb 2026, 09:30 am

Dayakrishna Goyal Acquires 4% Stake in Upsurge Investment & Finance Ltd

AI Summary

Dayakrishna Goyal has acquired 4% stake in Upsurge Investment & Finance Ltd. The acquisition was made through open market purchases, as per the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The total shares of Upsurge Investment & Finance Ltd before the acquisition were 2,00,71,400 Equity Shares of Rs. 10/- each, and after the acquisition, the total shares have increased to 2,19,21,400 Equity Shares of Rs. 10/-. The total diluted share/voting capital of the TC after the acquisition/sale is also 2,19,21,400 Equity Shares of Rs. 10/- each.

Key Highlights

  • Dayakrishna Goyal acquires 4% stake in Upsurge Investment & Finance Ltd
  • The acquisition was made through open market purchases
  • The total shares of Upsurge Investment & Finance Ltd before the acquisition were 2,00,71,400 Equity Shares of Rs. 10/- each
  • After the acquisition, the total shares have increased to 2,19,21,400 Equity Shares of Rs. 10/- each
  • The total diluted share/voting capital of the TC after the acquisition/sale is also 2,19,21,400 Equity Shares of Rs. 10/- each