Selan Exploration Technology Limited — Important, 13-08-2025: General Updates

Antelopus Selan Energy has seen a major ownership shift. Key investors, including Blackbuck Energy Investments Limited, have acquired 1.996 Cr new equity shares through an allotment. This comes after an NCLT-approved amalgamation. Blackbuck Energy's stake jumped from 30.46% to 69.94%, while other investors also acquired shares. This significantly consolidates control within the company's major shareholders, providing clarity on its long-term strategic direction. A notable change in equity structure for investors to track.