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CIAN Agro Industries & Infrastructure LtdUpdates, 26-05-2025: Company Update

26-05-2025 | 05:58 pm

Chaitanya Constructions & Builders Pvt. Ltd. has announced a board meeting to consider the financial results for the quarter and half-year. Following the approval of a merger scheme by NCLT, Chaitanya acquired a 59.20% stake in CIAN Agro Industries & Infrastructure Ltd through an inter-se promoter share transfer involving Avinash Fuels Pvt Ltd, Purti Marketing Pvt Ltd, Greenedge Constructions Pvt Ltd, and Purti Contract Farming Pvt Ltd. Post-merger, Chaitanya’s shareholding in the company has increased to 66.88%, consolidating promoter control and streamlining ownership structure. This move aims to enhance operational integration and value for shareholders.

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