Selan Exploration Technology Limited — Important, 14-08-2025: Updates

Antelopus Selan Energy's promoter, Blackbuck Energy Investments, has significantly increased its stake. Pursuant to the Composite Scheme of Arrangement, Blackbuck was allotted 1.99 Cr equity shares. This transaction boosts their shareholding from 46.31 Lakh shares (30.46%) to 2.46 Cr shares (69.93%) post-amalgamation. This substantial increase in promoter holding is a key development, reflecting the completion of the corporate restructuring and strengthening strategic control.