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Srestha Finvest LtdOthers, 07-04-2025: Disclosure under Reg 30 of SEBI (LODR) Regulations, 2015

07-04-2025 · 06:09 pm

Srestha Finvest Limited has announced a board meeting where it noted the acquisition of 25,576 equity shares, representing a 7.978% stake in Kunj Forgings Private Limited for ₹4 crore. Kunj Forgings operates in the forging industry with a turnover of ₹31.08 crore for FY 2023-24. This strategic acquisition enhances Srestha's investment portfolio and positions it within a key sector supporting oil, natural gas, and defense industries. Investors may view this move positively as it diversifies the company's holdings and potentially bolsters growth opportunities in the forging market.

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