StockWatch
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Iron & Steel
Shareholding24 Jun 2026, 10:53 am

Assets Care Acquires 3.34% Stake in VISA Chrome

AI Summary

Assets Care & Reconstruction Enterprise Ltd (ACRE), acting as trustee for various trusts, has acquired an additional 3.34% stake in VISA Chrome Limited (formerly VISA Steel Limited). This acquisition brings ACRE's total shareholding in VISA Chrome to 12.97%. The transaction was conducted through open market purchases on June 22, 2026. The disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • ACRE acquired 3.34% stake in VISA Chrome via open market.
  • ACRE's total holding in VISA Chrome now stands at 12.97%.
  • The acquisition is disclosed under SEBI Takeover Regulations.
  • VISA Chrome was formerly known as VISA Steel Limited.