Ganesh Infraworld Completes Acquisition, Makes Kandoi Transport Subsidiary
Ganesh Infraworld Limited announced on April 14, 2026, that it has completed an acquisition of shares in M/s. Kandoi Transport Limited, thereby making the company a subsidiary.The acquisition was a continuation of the Company's further investment plans in M/s. Kandoi Transport Limited, an unlisted public company, executed through a rights issue.
According to the details provided, Ganesh Infraworld Limited acquired 2,20,602 equity shares of M/s. Kandoi Transport Limited. Each share held a face value of Rs. 100.
The successful transaction significantly increased the Company's stake in M/s. Kandoi Transport Limited. Following the acquisition, the Company's shareholding in M/s. Kandoi Transport Limited rose to 60%. As a result of this increase, M/s. Kandoi Transport Limited has been designated as a subsidiary of Ganesh Infraworld Limited.
GANESHIN Stock Price Movement
On Monday, Ganesh Infraworld Limited shares shed 2.49% of their value, settling at ₹75.8. The equity recorded a total traded volume of 284,000 shares during the session.Source:
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