Kalind526935Acquisition deal news
Kalind Ltd to acquire 100% of Kalind Gems & Diamonds for Rs. 1 crore cash as wholly owned subsidiary
By ScoutQuest · · 1 min read
100%Shareholding acquired
- Consideration
- Cash consideration of Rs. 1 crore (Rupees One Crore Only)
- Stake Acquired
- 100% — entire stake; wholly owned subsidiary (1 lakh equity shares)
- Shares / Face Value
- 1 lakh equity shares at face value of Rs. 10/- per share
- Target
- Kalind Gems & Diamonds Limited
- Transaction
- Acquisition (Domestic Wholly Owned Subsidiary)
Kalind Ltd to acquire 100% of Kalind Gems & Diamonds for Rs. 1 crore cash as wholly owned subsidiary.
Date of incorporation of target
Board meeting approving acquisition
Also from Kalind
Board withdraws proposed ~₹99 crore preferential issue; approves gems unit acquisition, in-principle ₹500 Crore fund-raise
31 Oct 2026
Board withdraws preferential issue, approves gems subsidiary, MOA revamp and fund-raise up to ₹500 Crore
31 Oct 2026
Board withdraws ~₹99 crore preferential issue; approves gems unit buy and up to ₹500 Crore fundraise
31 Oct 2026
More numbers
- Cost of acquisitionRs. 1,00,00,000/-
- Equity shares to be acquired1,00,000
- Face value per shareRs. 10/-
- Shareholding acquired100%
- Authorised capital of target10,00,00,000/-
- Paid-up capital of targetINR 10,00,000
- Target turnover year ended 31.03.202612,85,76,212 (Figures in Rs.)
- ConsiderationRs. 1,00,00,000/-
Source: BSE · 31 Oct 2026
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