Announced Fri, 10 Jul · 19:00 IST
Iris Clothings signs SPA to acquire 51% stake in Infinia Lifestyle
IRISDOREME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹43.99
prior close
₹43.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.3-1.8+0.7—-0.2+2.9+5.7+6.5+5.0+5.7————
Up moveDown movePending
AI summary
Iris Clothings Limited has signed a Share Purchase Agreement (SPA) to acquire 51% equity shares in Infinia Lifestyle Private Limited from sellers Harsh Vardhan Sarda and Pooja Sarda. The Board had approved this acquisition on July 8, 2026. Closing of the transaction is subject to satisfaction of customary conditions precedent under the SPA.
Likely market impact
Company expanding through 51% acquisition; deal closure pending conditions precedent. Watch for further updates on completion.