Roshan Shah, Anand Devendra Tiwari, Wunnava V Shanker and Mohit Agarwal entered into share purchase agreement to acquire 40.893499% stake in Indergiri Finance Limited (BSE:531505) from a group of shareholders for INR 19.7 million on March 9, 2022. In related transaction, Roshan Shah, Anand Devendra Tiwari, Wunnava V Shanker and Mohit Agarwal made an offer to acquire 26% stake in Indergiri Finance Limited (BSE:531505) for INR 13.5 million on March 9, 2022. As per the transaction, Roshan Shah, Anand Devendra Tiwari, Wunnava V Shanker and Mohit Agarwal will acquire 20,69,620 shares at INR 9.5 per share. As of December 15, 2022 Roshan Shah, Anand Devendra Tiwari, Wunnava V Shanker and Mohit Agarwal have purchased part of holding of group of shareholders.
Roshan Shah, Anand Devendra Tiwari, Wunnava V Shanker and Mohit Agarwal completed the acquisition of 40.893499% stake in Indergiri Finance Limited (BSE:531505) from a group of shareholders on December 23, 2022.