Announced Tue, 21 Jul · 11:58 IST
Anant Raj completes share acquisition in subsidiary Ashok Cloud for Rs 74.86 cr
ANANTRAJ · price
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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹603.00
prior close
₹601.05
base price
In-mkt
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+0.1+0.1+0.1+0.2+2.0-2.7-2.8+2.6——————
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AI summary
Anant Raj Limited has completed the acquisition of 37,43,22,553 fully paid-up equity shares in Ashok Cloud Private Limited (ACPL), its wholly owned subsidiary, for a total consideration of Rs 74.86 crores (Rs 74,86,45,106). This follows the company's earlier intimation dated July 20, 2026 about its investment in ACPL. The move further strengthens the parent's holding in its cloud-focused subsidiary.
Likely market impact
Capital infusion into wholly owned subsidiary, no change in consolidated ownership. Signals continued commitment to the cloud business vertical.