Acquisitions25 Mar 2026, 07:01 pm
Uravi Defence and Technology Ltd's Wholly Owned Subsidiary Acquires 10% Shares of Spafax International Holdings Limited
AI Summary
Uravi Defence and Technology Ltd announced that its wholly owned subsidiary, Bharat Technology Limited, has acquired 10,100 equity shares of Spafax International Holdings Limited. This acquisition represents 10% of the share capital of Spafax, making Bharat Technology Limited a significant shareholder in the company. This development is in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Uravi Defence and Technology Ltd's wholly owned subsidiary, Bharat Technology Limited, has acquired 10,100 equity shares of Spafax International Holdings Limited
- The acquisition represents 10% of the share capital of Spafax
- Bharat Technology Limited is now a significant shareholder in Spafax
- This development is in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015