Devinsu Trading Ltd — Updates, 10-06-2025: Company Update
10-06-2025 | 08:06 pm
10-06-2025 | 08:06 pm
Sunshine Fibre Private Limited has announced a board meeting on which it will acquire a total of 91,493 shares (18.3%) of Devinsu Trading Limited from three sellers at Rs. 339 per share. This acquisition follows an internal arrangement among promoters, and Sunshine Fibre will become a significant shareholder in Devinsu Trading Limited. The transaction complies with all applicable disclosure norms, and the acquisition price aligns with recent market valuations. This move signals consolidation of promoter holding, potentially enhancing control and strategic alignment within the group.
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