With reference to earlier intimation made on 5th December, 2025 (a copy of intimation attached) for acquisition of 5% of the paid-up share capital in Altstar Capital Management Private ....
KIRANVYPAR · price
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Kiran Vyapar Ltd has completed the acquisition of a 5% stake in Altstar Capital Management Private Limited (ACMPL), an India-incorporated private company. The company subscribed to 28,469 Compulsorily Convertible Preference Shares (CCPS) for a total consideration of ₹7.03 crores (INR 7,03,18,430). This is an update to the earlier intimation made on 5th December 2025 regarding the proposed acquisition. Post-subscription, Kiran Vyapar's total investment in ACMPL stands at ₹7.03 crores for the 5% stake.
This is a small, minority (non-controlling) financial investment of ₹7.03 crores in a private capital management firm. Limited direct impact on the stock, but signals a strategic diversification move by the Bangur Group company into the financial services space.