Adarsh Mercantile to acquire minority stake in Sai Machine Tools for INR 270M

Adarsh Mercantile Limited has agreed to acquire an unknown minority stake in Sai Machine Tools Pvt. Ltd from its shareholders for approximately INR 270 million, to be paid in shares.

“Adarsh Mercantile Limited agreed to acquire an unknown minority stake in Sai Machine Tools Pvt. Ltd from Ajay Jaiswal, Vishal Jaiswal, Ashok Jaiswal, Poonam Jaiswal, Niharika Jaiswal, and Shikha Jaiswal for approximately INR 270 million.”marketscreener.com

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• marketscreener.comAdarsh Mercantile Limited agreed to acquire an unknown minority stake in Sai Machine Tools Pvt. Ltd from Ajay Jaiswal, Vishal Jaiswal, Ashok Jaiswal, Poonam Jaiswal, Niharika Jaiswal, and Shikha Jaiswal for approximately INR 270 million. | MarketScreenerS&P Capital IQFeb 5, 2025

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