Vindhya Telelinks Limited — JV/Acquisition, 27-03-2025: Acquisition

Vindhya Telelinks Limited has acquired a total of 54,00,000 equity shares of Birla Visabeira Private Limited (BVPL), securing 100% ownership of the company. This includes purchasing 44,10,000 shares from Visabeira Global, representing a 49% stake, and 9,90,000 shares from Birla Cable Limited, which accounts for an 11% stake. The total consideration for this acquisition is approximately Rs. 1.67 Crore at a price of Rs. 3.10 per share. This strategic move aims to consolidate its position in the telecom passive infrastructure sector, enhance operational efficiency, and leverage synergies with BVPL’s assets, potentially unlocking significant shareholder value.