Corporate News

31-Aug-2026, 05:59

Malaxmi Climate Resilience Platform Private Limited plans to acquire 2,87,99,990 equity shares, representing 52.56% of the share capital, of Chiraharit Limited from Mrs. Tejaswini Yarlagadda for Rs 8 per share, according to a regulatory filing. The acquisition, to be completed on or after September 7, 2026, is being undertaken to consolidate the promoter’s shareholding under a corporate entity, and is exempt under Regulation 10(1)(a)(iii) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.