ALPHA TRIBE

Usha Financial Services LimitedImportant, 03-02-2025: Updates

03-02-2025 | 02:09 pm

Uninav Developers Private Limited, a member of the promoter group of Usha Financial Services Limited, has acquired 4,52,800 equity shares, representing 2.08% of the company's total paid-up capital. This acquisition occurred in the open market since the company’s listing on October 31, 2024. Post-acquisition, Uninav Developers holds a total of 23,72,809 shares, which corresponds to 10.91% of Usha Financial’s equity. This transaction may enhance Uninav's influence within the company, potentially benefiting its strategic alignment and decision-making. Investors should watch closely for any further developments that might stem from this increased stake.

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