Saraswati Commercial India Ltd — Important, 26-09-2025: Company Update
26-09-2025 | 01:19 pm
26-09-2025 | 01:19 pm
Saraswati Commercial (India) Limited, an NBFC, has completed its investment in Atlanta Electricals Limited's IPO. The company acquired 9,776 equity shares at Rs. 754 per share, totaling 0.737 Cr. This follows an earlier application for 150.00 Cr worth of shares in the Qualified Institutional Buyers category. Atlanta Electricals, a manufacturer of power and special duty transformers, reported a net worth of 349.90 Cr and a turnover of 1,250.49 Cr (as of March 31, 2025). This acquisition represents a 0.01% stake in Atlanta Electricals, aligning with Saraswati Commercial's business as a financial investor.
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