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Thakral Services India LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Netizen Properties has acquired 86.84 lakh equity shares, representing 74% of Thakral Services (India) Limited's paid-up capital. This off-market acquisition occurred between two companies where the same person holds a majority stake, qualifying for an exemption under takeover rules. The acquisition price was ₹15.25 per share. This transaction significantly changes ownership, giving Netizen Properties a controlling interest in Thakral Services. Netizen Properties paid total fees of ₹1.77 lakh related to this transaction.

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