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V-Mart Retail Ltd ( (IN:VMART) ) has shared an update.
Lalit Agarwal has disclosed the acquisition of 1,97,33,161 Compulsory Convertible Debentures of Conquest Business Service Pvt. Ltd., the promoter company of V-Mart, under the SEBI (SAST) Regulations, 2011. This acquisition, an inter-se transfer among qualifying persons, is exempt from making an open offer and is part of a strategic move to consolidate voting rights within the company.
More about V-Mart Retail Ltd
V-Mart Retail Ltd is a company operating in the retail industry, primarily focusing on providing a range of consumer goods and services. The company is listed on the National Stock Exchange of India Limited and BSE Limited.
Average Trading Volume: 22,079
Technical Sentiment Signal: Hold
Current Market Cap: 59.17B INR
Find detailed analytics on VMART stock on TipRanks’ Stock Analysis page.