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Markab Capital and its wholly-owned Indian subsidiary, Markab India SPV Pvt Ltd, have acquired 20.7 per cent shareholding from the promoter Keshav Kantamneni and his group entities at Rs 82 per share
The stock hit a record high of Rs 477, up 6%, extending its past two days 10% surge on BSE.
The board will meet today to discuss the capital requirements of the company in line with credit facilities for further expansion and growth.