Vasudhagama Enterprises has acquired 13,26,538 Equity Shares at a price of Rs 265 per share of M/s Digigames (DPL) from its shareholders of DPL other than cash (share swap) basis, and the company has issued and allot 1,32,65,380 equity shares of Rs 10 face value at a price of Rs 26.50 per shares on Preferential Allotment basis to the shareholders of DPL in consideration of share acquired from them, subsequently M/s Digigames become wholly owned subsidiary of the company. The objective of acquisition is to diversify & expand the business.
Vasudhagama Enterprises is engaged in trading of commodities. The Company is also engaged in the business of real estate through investment in partnership firm.
