Latest news about Shashank Traders
Shashank Traders
34.05
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M0.00%
6M+10.23%
1Y+21.52%
5Y+99.71%
More news about Shashank Traders
17Mar 26
Shashank Traders Open Offer Receives Partial Acceptance from Public Shareholders
Shashank Traders Limited's open offer concluded with partial acceptance, as acquirers received 10,45,961 shares against target of 15,46,900 shares at ₹30 per share. The transaction valued at ₹3,13,78,830 increased acquirers' stake to 60.46% from 26.65%, while public shareholding reduced to 39.54%. The offer was managed by Narnolia Financial Services Limited and completed all regulatory requirements.
02Feb 26
Narnolia Financial Services Submits Letter of Offer for Shashank Traders Open Offer Under SEBI SAST Regulations
Narnolia Financial Services Limited has submitted the Letter of Offer for an open offer by three acquirers to acquire 15,46,900 equity shares (50% stake) of Shashank Traders Limited at ₹30.00 per share, totaling ₹4,64,07,000. The offer runs from February 09-24, 2026, with BSE as the designated exchange and full financial arrangements in place through an escrow account.
21Nov 25
AVB Endeavors and Partners Launch Open Offer for Shashank Traders at Rs 30 Per Share
AVB Endeavors Private Limited, Prilika Enterprises Private Limited, and Aditya Vikram Birla have announced an open offer to acquire up to 15,46,900 equity shares (50% voting capital) of Shashank Traders Limited (STL) at Rs 30.00 per share. The total offer value is Rs 4.64 crores. This follows a Share Purchase Agreement for a 26.65% stake from existing promoters. The offer period is set from December 31, 2025 to January 14, 2026. STL's recent financials show declining assets and equity, but improving profitability with reduced net losses.
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