Amit Vedawala made an offer to acquire 26% stake in Tavernier Resources Limited (BSE:531190) for INR 25.6 million on February 23, 2024. As per the transaction, Amit Vedawala will acquire 1.6 million shares at INR 16.5 per share. The transaction is expected to close on May 8, 2024.

The transaction is expected to close on June 28, 2024. Vivro Financial Services Private Limited acted as financial advisor and Link Intime India Private Limited acted as registrar to Amit Vedawala.