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SIS Ltd - SIS LIMITED - Acquisition |
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(28 Mar 2024) |
SIS LIMITED has informed the Exchange that the Investment Committee of SIS Limited ( SIS ) has, in its meeting held today, approved an investment of upto Rs. 10.16 crores in Agarsha Senior Care Private Limited ( Agarsha ), by way of (a) subscription to Compulsorily ConvertiblePreference Shares ( CCPS ) as a primary investment; and (b) acquisition of the equity sharesfrom the existing shareholders as a secondary investment, The Investment Committee of SIS Limited has, in its meeting held today, approved an Investment of Rs. 10.16 crores in Agarsha Senior CarePrivate Limited ('Agarsha'), by way (a) subscription to Compulsorily Convertible Preference Shares ( CCPS ) as a primary investment; and (b) acquisition of the equity shares from the existing shareholders as a secondary investment, The Investment Committee of SIS Limited has, in its meeting held today, approved an Investment of Rs. 10.16 crores in Agarsha Senior CarePrivate Limited ('Agarsha'), by way (a) subscription to Compulsorily Convertible Preference Shares ( CCPS ) as a primary investment; and (b) acquisition of the equity shares from the existing shareholders as a secondary investment, for the acquisition of 4.00% shareholding in Agarsha. |
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