ALPHA TRIBE

Sar Televenture LimitedOthers, 22-04-2025: Corrigendum

22-04-2025 | 06:32 pm

SAR Televenture Limited has announced a board meeting to discuss a corrigendum regarding the Extra Ordinary General Meeting scheduled for 26th April, 2025. The corrigendum clarifies the pre- and post-issue shareholding patterns in light of a preferred allotment of 1,26,06,000 equity shares at ₹458.50 per share, amounting to ₹577.99 crore. This acquisition involves obtaining a 78.57% stake in Tikona Infinet Private Limited. The revision of the fair value of SAR shares to ₹457.61 is noteworthy. Investors may perceive this as a strategic move, reflecting a potential growth opportunity through acquisition, albeit with associated dilution risks.

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