Acquisitions2 Jun 2026, 06:01 pm
Vibrant Global Capital to acquire 65% stake in Target Company for ₹6 Cr
AI Summary
Vibrant Global Capital Ltd announced a significant strategic move following its Board Meeting on June 2, 2026. The company has approved the acquisition of a 65% equity stake in The Private Reserve Capital Pvt. Ltd. for a total investment of ₹6 Crore. This acquisition will result in The Private Reserve Capital Pvt. Ltd. becoming a subsidiary of Vibrant Global Capital Ltd. The board meeting, which commenced at 4:30 pm and concluded at 5:45 pm, also addressed other inter-alia matters.
Key Highlights
- Vibrant Global Capital to acquire 65% stake in The Private Reserve Capital Pvt. Ltd.
- Total investment for the acquisition amounts to ₹6 Crore.
- The Target Company will become a subsidiary upon completion.
- Board meeting held on June 2, 2026, approved the acquisition.
Price Impact
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