ALPHA TRIBE

Ushakiran Finance LtdImportant, 21-11-2025: Company Update

21-11-2025 | 04:30 pm

Ushakiran Finance Limited reports a significant change in its shareholding structure. Andhra Pradesh Industrial Development Corporation (APIDC) has transferred its entire holding of 192,900 equity shares (Rs. 10 each), representing 7.58% of the company's paid-up capital, to Telangana State Industrial Development Corporation (TSIDC). This transfer stems from a government-appointed Expert Committee's advice following the bifurcation of Andhra Pradesh. The company notes this is a reallocation between state undertakings, indicating no commercial transaction or shift in management control.

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