Manavkishore Teli Acquires Equity Shares of Lord'sMarkIndustries Limited
Manavkishore Teli has acquired shares in Lord'sMarkIndustries Limited, which is the combined entity of Lords Mark India Limited and Kratos Energy & Infrastructure Limited. The transaction involves the acquisition of equity shares pursuant to a Resolution Plan approved under Section 31 of the Insolvency and Bankruptcy Code, 2016, following a scheme and amalgamation sanctioned by Hon'ble NCLT, Mumbai Bench.The details of the acquisition include:
| Detail | Value |
|---|---|
| Target Company Name | Lord'sMarkIndustries Limited (erstwhile Lords Mark India Limited and Kratos Energy & Infrastructure Limited) |
| Acquirer Name | MANAVKISHORETELI |
| Date of Acquisition | 21/11/2025 |
| Number of Equity Shares Acquired | 25,62,500 |
| Percentage of Diluted Share Capital Acquired | 0.60% |
The acquisition was made based on the approved Resolution Plan and scheme of amalgamation. The purchase price for these shares followed the terms set forth in the approved Resolution Plan and scheme of amalgamation.
Shareholding details following the transaction are as follows:
| Entity | Pre-Transaction Holding | Post-Transaction Holding |
|---|---|---|
| MANAVKISHORETELI | Not specified | 0.60% w.r.t total share capital of TC |
Stock Price Movement
Lords Mark Industries Ltd settled at ₹669.70 on Thursday, ticking up 4.99% with a gain of ₹31.85. The stock remained completely flat and locked throughout the trading session, holding steady within its narrow intraday range.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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