Revised preferential issue via share swap for BEPL and Bliss Cab acquisitions

Ishaan Infrastructures revised its proposed preferential issue to up to 5.51 crore equity shares at Rs 14 each, aggregating Rs 77.25 crore. The shares will be issued entirely via share swap to acquire 98.71% of Blisstering Electronics (BEPL) and 90.17% of Bliss Cab Electronics. Allottee Mr Rajesh Arora was removed for ineligibility. No cash will be raised. Acquirers may trigger open offer and become new promoters.