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ABans Enterprises gets nod to acquire 6.10% shareholding in Abans Jewels

05 Mar 2024 Evaluate

ABans Enterprises has received approval from board of directors to acquire 2,27,273 equity shares of Rs 10 each i.e. 6.10% shareholding of Abans Jewels (AJL), subsidiary of the Company, from Siddhant Commercials (erstwhile known as Teesta Retail).

The Company currently holds 93.90% of the total share capital of AJL. Pursuant to the above acquisition, AJL shall become the ‘wholly owned subsidiary’ of the Company. The Board of Directors of Abans Enterprises at their meeting held on March 01, 2024, have considered and approved the same.

ABans Enterprises is involved in the business of trading, processing, broking and consulting in all kind of commodities, agricultural products, base metals, precious metals and stones and trading in commodities, shares and derivatives of all kind in electronic exchanges.

ABans Enterprises Share Price

22.60 0.62 (2.82%)
16-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 228.00
Adani Enterprises 2205.00
Amrapali Industries 17.35
Rashi Peripheral 456.80
PDS 300.40
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