Announced Tue, 2 Jun · 17:56 IST

Outcome of the Board Meeting held on 2nd June, 2026

Listed Co AcquisitionStrategic Transactions View source PDF

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AI summary

Vibrant Global Capital Ltd's board, at its meeting on 2nd June 2026, approved the acquisition of a 65% equity stake in The Private Reserve Capital Pvt. Ltd. The company will subscribe to 1,85,701 equity shares for an aggregate investment of Rs. 6 crore. Once the deal is completed, the target company will become a subsidiary of Vibrant Global Capital. The board meeting ran from 4:30 pm to 5:45 pm. The disclosure was made to BSE under SEBI Listing Regulations.

Likely market impact

This is a small-ticket acquisition (Rs. 6 crore) that will create a subsidiary, potentially expanding the company's business footprint. The financial impact on the listed entity is likely modest given the size of the investment relative to typical corporate scales.