ALPHA TRIBE

Sarda Proteins LtdImportant, 01-01-1970: Company Update

01-01-1970 | 12:00 am

Onix Renewable Limited, along with its Persons Acting in Concert, has completed an open offer for Sarda Proteins Limited. The offer sought to acquire 7.30 lakh equity shares for approximately ₹8.4 crore at ₹115 per share, representing 19.28% of the company's emerging voting capital. This open offer, combined with a preferential allotment, results in the acquirer and PACs holding 80.4% of Sarda Proteins. Public shareholders now hold 19.023% of the company. This transaction significantly alters the ownership structure of Sarda Proteins.

No comments yet. Be the first to comment!

All announcements from Sarda Proteins Ltd