Uflex to acquire further 8.26% stake in Amplus Phoenix
Uflex has executed an agreement on 20 December 2024 for purchase of further 54,31,873 equity shares of face value of Rs. 10/- each
(representing 8.26% of the total issued and subscribed share capital of Amplus Phoenix from its existing shareholders at face value of Rs. 10/- each) aggregating to Rs. 5.43 crore.
Post acquisition of said equity shares, the total shareholding of Uflex in Amplus Phoenix will be 1,16,69,603 equity shares of face value of Rs. 10/- each, representing 17.75% of the total issued and subscribed share capital of Amplus Phoenix.
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First Published: Dec 20 2024 | 4:03 PM IST