Shareholding28 Aug 2026, 05:30 pm
Assets Care Acquires 4.63% Stake in VISA Chrome
AI Summary
Assets Care & Reconstruction Enterprise Limited, acting as trustee for various trusts, has disclosed a substantial acquisition of shares in VISA Chrome Limited (formerly VISA Steel Limited). The acquisition amounts to 67,55,253 equity shares, representing 4.63% of the total share capital. This transaction changes the shareholding by more than 2%, triggering the disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Following the acquisition, the total holding of Assets Care & Reconstruction Enterprise Limited and its associated trusts in VISA Chrome Limited stands at 38,08,646 shares, or 2.61% of the total share capital.
Key Highlights
- Assets Care & Reconstruction Enterprise acquired 4.63% stake in VISA Chrome.
- The acquisition involves 67,55,253 equity shares.
- Post-acquisition, the total holding is 2.61%.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
- VISA Chrome was formerly known as VISA Steel Limited.
Price Impact
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