Glance Finance is planning to invest a sum of Rs 31.73 lakh in Kotson’s by way of acquisition of 62,400 equity shares of face value Rs 10 each at a price of Rs 50.85 per share, by way of a Secondary Market.
The main line of business of the company is to undertake investment activities, with a primary focus on acquiring and holding equity shares of other companies. The objective of such investments is to generate long-term value and capital appreciation, and to strategically participate in the growth and development of investee companies, in compliance with the applicable laws and regulatory framework. The said transaction is expected to be completed by October 31, 2025 or such other extended date as may be agreed between parties.
The company is engaged in money market operations and other financial activities.
