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V-Mart Retail Announces Acquisition of Convertible Debentures

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V-Mart Retail Announces Acquisition of Convertible Debentures

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V-Mart Retail Ltd ( (IN:VMART) ) has issued an announcement.

V-Mart Retail Ltd has disclosed an acquisition of 1,97,33,161 Compulsory Convertible Debentures of Conquest Business Service Pvt. Ltd., a promoter company of V-Mart, through an inter-se transfer among qualifying persons. This acquisition is exempt from making an open offer under SEBI regulations, and the disclosure was made within the specified timeline, potentially impacting the company’s control structure and stakeholder interests.

More about V-Mart Retail Ltd

Average Trading Volume: 22,079

Technical Sentiment Signal: Hold

Current Market Cap: 59.17B INR

See more data about VMART stock on TipRanks’ Stock Analysis page.

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