CIAN Agro Industries & Infrastructure Ltd — Updates, 26-05-2025: Company Update
26-05-2025 | 06:22 pm
26-05-2025 | 06:22 pm
Chaitanya Constructions & Builders Private Limited has replaced four existing promoters of CIAN Agro Industries & Infrastructure Limited through an inter-se share transfer under a Scheme of Amalgamation approved by NCLT. This change increased Chaitanya’s promoter holding to 66.88% from 7.68%, acquiring 2,150,000 shares valued at Rs. 3.4 crore. This consolidation in promoter structure streamlines control and is a significant shift in shareholding, which may impact strategic decisions and shareholder dynamics going forward.
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