
Graphisads Limited Approves Investment in Proposed Event Solutions Company
Graphisads Limited announced that its Board of Directors approved an investment intended to acquire a 50% stake in a proposed company, M/s Graphis Growthhon Event Solutions Private Limited. The board meeting concerning this proposal was held on April 06, 2026.The acquisition is aimed at expanding the current business operations, a move stated to increase and broaden the company's geographical presence, with the proposed company's business aligning with Graphisads Limited's main line of business.
The company detailed several aspects of the proposed acquisition, including the nature of the target entity and the terms of investment.
Key details regarding the proposed transaction include:
- Proposed Company Name: Graphis Growthhon Event Solutions Private Limited
- Date of Incorporation: Incorporation is currently in process.
- Incorporation Country and Presence: The company is newly incorporated and will initially operate in India, with its registered office located in Maharashtra, India.
- Industry: The target entity belongs to the Advertising, Media, Events, and Entertainment industry.
The acquisition structure involves a cash consideration paid through a proper banking channel. For the transaction, Graphisads Limited will contribute a sum of Rs. 50,000, which represents its contribution towards the total capital of Rs. 1,00,000. This contribution secures 5,000 Equity shares of Rs. 10/- each as a subscriber to the Memorandum of Association, granting the company a 50% shareholding.
The Board determined that all transactions for acquiring or subscribing to shares will be conducted on an arm's length basis. Furthermore, the promoters of Graphisads Limited, specifically Mr. Mukesh Kumar Gupta and Mr. Alok Gupta, will serve as common directors in both Graphisads Limited and the proposed entity.
Regarding timelines, the incorporation of the proposed company is expected to be completed within the Month of April, 2026. Approvals from relevant authorities, including the Ministry of Corporate Affairs, are required for the incorporation. The business of the proposed company is in the same line of business as Graphisads Limited.
The company stated that it will provide further updates regarding the proposed company and the completion of the acquisition or subscription to the equity shares once it is incorporated and the transaction is finalized.
GRAPHISAD Stock Price Movement
In today's trade, Graphisads Limited shares are currently trading at ₹31.00, marking a decline of ₹1.25 in the market. The stock is trading between ₹31 and ₹31, witnessing low activity with a volume of 1,200 shares.Source:
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