Ashnisha Industries has received approval to acquire 20,50,000 or 46.49% equity shares of EZI Ventures which together with the existing holding of 8,00,000 or 18.14% equity shares tantamount to holding 28,50,000 or 64.63% equity shares of EZI Ventures.
The Board of directors of the company at their meeting held on August 16, 2018, approved the same. Subsequent to the above acquisition EZI Ventures is now a subsidiary of the company.