Shivansh Finserve Board Meeting Outcome
Shivansh Finserve approved the acquisition of 19.5% stakes in Startech Infralogistics and Peepal Mining for a combined Rs 81.32 Crore via preferential share swap.
- Value
- ₹81.32 Cr
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Shivansh Finserve approved the acquisition of 19.5% stakes in Startech Infralogistics and Peepal Mining for a combined Rs 81.32 Crore via preferential share swap.
Shivansh Finserve's board approved in-principle proposals to alter its MOA, enhance borrowing and investment limits, and evaluate strategic acquisitions of Startech Infralogistics and Peepal Mining.
Shivansh Finserve Ltd's board approved fund raising via a preferential issue and an increase in authorized share capital. The board also proposed changing the company name to 'Indeed Energy Limited' and altering the main objects to focus on renewable energy and UAV/drone sectors, subject to shareholder approval.
Shivansh Finserve Ltd has scheduled a Board Meeting on April 14, 2026, to discuss fund-raising via preferential issue and increasing authorized share capital. The board will also consider changing the company's name and its main business objects.