Kiran Kumar Jain M. Increases Holding in EVEXIA LIFECARE LIMITED Through Open Market Purchase
Kiran Kumar Jain M. has increased his stake in EVEXIA LIFECARE LIMITED through an open market purchase of shares, bringing his total holding to 5.12% following the acquisition.The acquisition details indicate that Kiran Kumar Jain M., who does not belong to a Promoter group, acquired 95,00,000 shares representing 0.51% of the total share or voting capital of EVEXIA LIFECARE LIMITED on the Bombay Stock Exchange (BSE). This transaction was conducted via open market purchase.
Before this acquisition, Kiran Kumar Jain M.'s holding in the target company stood at 8,67,06,376 shares, representing 4.62% of the total share or voting capital. He held no encumbrance on these shares and had nil rights other than through equity shares.
Following the acquisition, Kiran Kumar Jain M.'s combined holding reached 9,62,06,376 shares, which translates to a 5.12% stake in EVEXIA LIFECARE LIMITED.
Key details regarding the shareholding and company financials are summarized below:
| Metric | Pre-Acquisition Status (Kiran Kumar Jain M.) | Acquisition Details | Post-Acquisition Holding (Kiran Kumar Jain M.) |
|---|---|---|---|
| Shares Carrying Voting Rights | 8,67,06,376 (4.62%) | 95,00,000 (0.51%) acquired via Open Market purchase | 9,62,06,376 (5.12%) |
| Target Company Valuation | Rs. 187.73 Crores | N/A | Rs. 187.73 Crores |
The transaction details show that the Equity share capital and total voting capital of EVEXIA LIFECARE LIMITED were recorded at Rs. 187.73 Crores both before and after this acquisition, with the total diluted share/voting capital remaining at Rs. 187.73 Crores.
Stock Price Movement
As of the close on Wednesday, shares of Evexia Lifecare Ltd settled at ₹1.63, which represents a 4.68% decline. The share price saw movement throughout the day, ranging from a low of ₹1.63 to an intraday high of ₹1.70.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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