Withdrawal
Price
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Awaiting price reaction for this filing.
Variman Global Enterprises has withdrawn its earlier proposal to acquire 7,600 equity shares of Cultnerds IT Solutions Private Limited through a share-swap basis. The acquisition had been approved by shareholders at an EGM on 05.07.2025 and had received BSE in-principle approval on 24.11.2025, but the preferential issue on swap basis did not materialize and has lapsed. The company has formally informed BSE of this withdrawal.
Minor neutral impact — the deal will not proceed, so no dilution or share-swap will occur from this transaction. Shareholders retain their current stake with no change in capital structure.