Stock Report

South Asian Enterprises Limited completes acquisition of 60.34% in Chai Thela Pvt Ltd



Posted On : 2021-08-24 14:30:05( TIMEZONE : IST )

South Asian Enterprises Limited completes acquisition of 60.34% in Chai Thela Pvt Ltd

South Asian Enterprises Limited has completed the acquisition of 7359 of equity shares consisting of 60.34% of Equity Capital of Chai Thela Private Limited ("CTPL") at the price approved by the Board involving outlay of about Rs.29 lacs. With the acquisition of aforesaid Equity on 23/08/2021, CTPL has become the subsidiary of the Company from the same date. This is for your information and record.

Shares of South Asian Enterprises Ltd. was last trading in BSE at Rs. 17.3 as compared to the previous close of Rs. 18.05. The total number of shares traded during the day was 2339 in over 8 trades.

The stock hit an intraday high of Rs. 17.3 and intraday low of 17.15. The net turnover during the day was Rs. 40427.

Source : Equity Bulls

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