<h1>Milgrey Finance Announces Board Meeting to Consider Takeover of Fidus Parkland Pvt Ltd</h1>
Milgrey Finance & Investments Ltd. has scheduled a board meeting to address the proposed takeover and acquisition of a specified percentage of equity shares of Fidus Parkland Pvt Ltd.
The company intends to consider and approve several key aspects related to the transaction during the meeting, which is set for Thursday, August 13, 2026. The agenda includes the review of the draft Letter of Offer, the Share Purchase Agreement (SPA), and all other necessary transaction documents. Furthermore, Milgrey Finance will decide on the appointment of relevant intermediaries required for the acquisition process.
In line with its Code of Conduct for the Prevention of Insider Trading, Milgrey Finance has also announced a closure period for the trading window concerning the company's securities. This restriction applies to all Designated Persons and their immediate relatives. The trading window is closed starting from August 10, 2026, and will remain restricted until 48 hours following the conclusion of the Board Meeting.
Stock Price Movement
As of 15:09, Milgrey Finance & Investments Ltd shares are ticking up at ₹48.03, surging by 7.35%. The stock has demonstrated a wide intraday range, having traded between a low of ₹44.00 and a high of ₹49.40.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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