Acquisitions5 Mar 2026, 04:22 pm
Hemant Majethia and Others Acquire 13.45% Stake in Ventura Guaranty Ltd Post Merger
AI Summary
Hemant Majethia and others have acquired a 13.45% stake in Ventura Guaranty Ltd following the merger with Kashmira Investment and Leasing Private Limited. The acquisition was made in accordance with the order of the Hon'ble National Company Law Tribunal (NCLT) sanctioning the Scheme of Merger by Absorption. The total shares allotted to Hemant Majethia and persons acting in concert amount to 2,35,195 equity shares, representing 6.84% of the total diluted share capital of the company. The total shares allotted to all acquirers amount to 5,18,376 equity shares, representing 13.45% of the total diluted share capital of the company.
Key Highlights
- Hemant Majethia and others acquire 13.45% stake in Ventura Guaranty Ltd post merger.
- Acquisition made in accordance with NCLT order sanctioning the Scheme of Merger by Absorption.
- Hemant Majethia was allotted 2,35,195 equity shares, representing 6.84% of the total diluted share capital.
- Total shares allotted to all acquirers amount to 5,18,376 equity shares, representing 13.45% of the total diluted share capital.
- The acquisition is pursuant to the allotment of equity shares in Ventura Guaranty Ltd.