Tusaldah531301Acquisition deal news
Tusaldah to acquire 100% of Tusaldah Ventures for Rs. 581.86 lakh via share swap
By ScoutQuest · · 1 min read
100%Stake acquired
- Target Company
- Tusaldah Ventures Private Limited (formerly Swals Global Marketing Private Limited)
- Acquisition Stake
- 100% - 5,98,000 equity shares of Rs. 10 each
- Consideration
- Issue of up to 29,09,299 equity shares of Rs. 10 each at Rs. 20 per share, aggregating Rs. 581.86 Lacs
- Deal Structure
- Share swap (consideration other than cash)
- Expected Completion
- 2 months
Tusaldah to acquire 100% of Tusaldah Ventures for Rs. 581.86 lakh via share swap.
Rs. 18,50,00,000Authorised share capital
Convertible warrants issue amountRs. 12,70,00,000/-
Preferential issue to promoters (swap) amountRs. 5,81,85,980/-
Target incorporation
Board meeting
Also from Tusaldah
Draft Letter of Offer shared for open offer of up to 37,83,000 shares (26.00%) at Rs. 20 per share
12 Oct 2026
Detailed Public Statement: mandatory open offer for up to 37,83,000 shares (26.00%) at Rs. 20.00/- per share
5 Oct 2026
EGM 27 Oct 2026: authorised capital increase, preferential issue of shares and warrants, TVPL share-swap acquisition
3 Oct 2026
More numbers
- Total considerationRs. 581.86/- Lacs
- Stake acquired100%
- TVPL shares acquired5,98,000 Equity Shares
- Shares issued as consideration29,09,299
- Issue price per shareRs. 20/-
- Preferential issue to promoters (swap) amountRs. 5,81,85,980/-
- Preferential issue to non-promoters (cash)Rs. 5,89,45,420/-
- Convertible warrants issue amountRs. 12,70,00,000/-
- New authorised share capitalRs. 18,50,00,000
- Expected completion period2 (Two) months
Source: BSE · 25 Sep 2026
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