|₹589 / ₹160.53|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Gaurav Mercantiles Limited, being incorporated in May 31, 1985 was historically engaged in ship breaking, trading and investment business. However, with the liberalization of imports, the trading activities were marginalized as a result of which, the investment portfolio of the Company was being diluted. The company has done trading business during FY 2018. Mr. Raghav Bahl and Ms. Ritu Kapur had entered into a Share Purchase Agreement (SPA) on November 27, 2018 to acquire 66. 42% ownership and control of the Company. Pursuant to the SPA, Pantomath Capital Advisors Private Limited, Registered Merchant Banker, made a Public Announcement dated November 27, 2018 under Regulation 14(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011 (SEBI SAST Regulations) in relation to the Open Offer being made pursuant to and in compliance with the Regulations 3(1) and 4 of the SEBI SAST Regulations.