Shareholding19 Aug 2026, 11:19 am
Assets Care Acquires 5.73% 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 83,48,362 equity shares, representing 5.73% of the total share capital. This transaction changes the acquirer's holding from 12.97% to 7.25% of the total share capital. The shares were acquired through the open market. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Assets Care acquired 5.73% stake in VISA Chrome.
- Total holding now stands at 7.25% post-acquisition.
- Transaction executed via open market purchases.
- Disclosure made under SEBI Takeover Regulations.
- VISA Chrome was formerly known as Visa Steel Limited.
Price Impact
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