BSE filing, BSE: 540221. Summary written from the filing by ALFA Finder's alert engine.
More from Shashank Traders Ltd
All →Shashank Traders Promoter Selling (Off-Market): ₹2.47 Cr
Promoter Mr. Praveen Jaswant Rai Jain sold 8,24,600 shares of Shashank Traders Ltd off-market for ₹2.47 Crore. This exit reduces the promoter holding by 26.65%.
- Value
- ₹2.47 Cr
Shashank Traders Board Meeting Outcome
Shashank Traders completed a ₹2.47 Crore promoter stake sale and management change. The board approved new director appointments following the acquisition of control by incoming promoters.
- Value
- ₹2.47 Cr
Shashank Traders Acquisition
AVB Endeavors Pvt Ltd acquired 2,74,867 shares in Shashank Traders Limited. This off-market purchase increased their total stake from 12.61% to 21.49%.
Shashank Traders Management Change
Shashank Traders Limited announced the cessation of Directors Mr. Keval Mahendra Bhai Shah and Ms. Hansa Mehta effective May 5, 2026. The cessations followed the deactivation of their Director Identification Numbers (DINs) due to non-filing of DIR-3 KYC, ensuring regulatory compliance during the company's ongoing open offer process.
Shashank Traders Debt & Borrowing
Shashank Traders Ltd confirmed it does not meet the SEBI criteria for classification as a Large Corporate for the financial year ended March 31, 2026. The company reported zero outstanding borrowings as of the period end, exempting it from mandatory incremental debt sourcing through the bond market.
Shashank Traders Acquisition
AVB Endeavors Private Limited acquired 64,000 equity shares (2.07% stake) of Shashank Traders Limited via an off-market transaction. This acquisition increases their total holding from 10.34% to 12.41%.
Other acquisition announcements
All →Apcotex Industries Acquisition Worth ₹0.72 Cr
Apcotex Industries acquired 1.275% of Amplus Ampere Private Limited, a solar captive power SPV, for Rs.0.72 Crore. The acquisition was completed on 31-Oct-2026 in cash.
- Value
- ₹0.72 Cr
Nazara Technologies Acquisition Worth ₹731.5 Cr
Nazara paid a USD 77 million second tranche, about ₹731.50 Crore, for Bluetile and Bestplay. The balance consideration will be discharged per the Amended SPA later.
- Value
- ₹731.5 Cr
Rane Holdings Acquisition Worth ₹80.85 Cr
Rane Holdings completed Rs 80.85 crore further investment in joint venture ZF Lifetec Rane Automotive. Its 49% stake stays unchanged after subscribing 5,15,954 shares.
- Value
- ₹80.85 Cr
Deep Health AI India Acquisition Worth ₹19.5 Cr
Deep Health AI amended its MoU to acquire Pune agricultural land, revising consideration to Rs. 19.50 Crore. Completion is extended by one year under the revised terms.
- Value
- ₹19.50 Cr
- Execution
- Balance consideration and completion timelines extended by one year
Aeroflex Enterprises Acquisition Worth ₹31 Cr
Aeroflex Neu, a material subsidiary, approved acquiring 55% of Aerolex Cables for ₹31 Crore. The move enters wire and cable manufacturing and exporting.
- Value
- ₹31.00 Cr
Brainbees Solutions Acquisition Worth ₹18.68 Cr
Brainbees' subsidiary Globalbees acquired an additional 14.23% stake in JW Brands for INR 18.68 Crore in cash. JW Brands becomes 89.33% owned, lifting Globalbees' holding from 75.10%.
- Value
- ₹18.68 Cr