Announced Tue, 4 Aug · 16:35 IST
Rudra Gas acquires 71% stake in DS Pipeline Projects for Rs 18.38 cr
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
-5.6%1-day move
₹72.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-5.6-6.2-6.9-6.9-5.6-1.4————
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AI summary
Rudra Gas Enterprise has acquired 71% equity (87.5 lakh shares) in DS Pipeline Projects for Rs 18.38 crore cash. DSPL, in gas pipeline and PNG connections, posted Rs 84.85 crore revenue in FY25. The deal is not related-party. DSPL is now a subsidiary of Rudra Gas, aiding inorganic expansion.
Likely market impact
Diversification into gas pipeline sector; DSPL now a subsidiary. Cash deal funded through banking channels; integration outcomes to watch.