EMAMI LTD. - Announcement under Regulation 30 (LODR)-Updates on Acquisition

Download	< Back
05 Sep 2024
This is in furtherance to our earlier intimation dated August 30, 2024 regarding receipt of the approval of our Board of Directors for acquisition of the remaining 49.60% stake in our subsidiary, Helios Lifestyle Pvt Ltd ("Helios"), and our intimation dated August 31, 2024 regarding the execution of a share purchase agreement by Emami Ltd. (the "Company") with Mr. Parvesh Kumar, Mr. Hitesh Dhingra, Mr. Bhisham Bhateja (the promoter shareholders), and other non-promoter shareholders of Helios. We wish now to inform you that, in the first tranche of this transaction, 1,18,069 equity shares of Helios have been acquired by the Company today i.e. 5th September, 2024. Consequently, the Company''s stake in Helios has increased from 50.40% to 94.24%.
View all announcements for EMAMI LTD.	Source: BSE India

Stocks	Mutual Funds		Investment tracking
A-Z Gainers - Daily \| Weekly \| Monthly Losers - Daily \| Weekly \| Monthly Group-wise listing IPO \| Top IPOs Recent IPOs \| IPO News Similar Price band Most traded - By volumes Top 100 - By market capitalisation Latest Company Results Management Speaks Market News	Top 25 schemes High-risk, High-returns Medium-risk, Medium-returns Low-risk, Low-returns Gilt Funds Funds of Funds Special Funds Liquid Funds Dynamic Asset Allocation NFOs MF Selector	Equity - ELSS Equity - Index Funds Equity - Sector Funds Equity - Balance Fund Equity - Diversified Fund MF News Budget 2024	My Portfolio My Watch List If You Had Invested... Global Indicators Forex Converter Market Indices Sectoral Indices World Indices Market Astrology Advertise with us