Kiran Vyapar Ltd — Important, 05-12-2025: Company Update

Kiran Vyapar announced a strategic move to acquire a 5% stake in Altstar Capital Management Private Limited (ACMPL) for up to 7.03 Cr in cash. ACMPL, engaged in Real Estate Services, had a paid-up share capital of 0.54 Cr. This acquisition supports Kiran Vyapar’s objective as an NBFC to broaden its investment and financial services portfolio. For the latest financial year, ACMPL reported a turnover of 0.16 Cr, a net worth of 2.66 Cr, and a loss of 0.72 Cr. The transaction is pending customary conditions.