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Established in November 2019, Grill Splendour Services Limited is a chain of gourmet bakeries and patisseries in Mumbai with 17 retail outlets.
Resonance Opportunities Fund, an institutional investor, sold 5,65,200 equity shares of Grill Splendour Services Limited via open market. This disposal reduced their stake from 17.50% (12,43,200 shares) to 9.54% (6,78,000 shares). The transaction value was not disclosed in the filing.
Non-promoter Ketan Gorania acquired 1,80,000 equity shares of Grill Splendour Services Ltd by converting fully convertible warrants. This transaction increased his voting shareholding in the company from 15,30,700 shares (22.11%) to 17,10,700 shares (24.09%).