Ladderup Finance’s subsidiary -- Ladderup Asset Managers (LAMPL) has entered into a Share Purchase Agreement (SPA) on April 14, 2026 with the shareholders of Jericho Ventures (JVPL) for direct acquisition of 100% of paid-up equity shares in JVPL for a consideration of Rs 14 crore. The acquisition is in line with the company’s strategy to expand its business through its subsidiary company.
Upon completion of the transaction, JVPL will become a wholly owned subsidiary of LAMPL, and consequently JVPL will become step-down subsidiary of the company.
Ladderup Finance is primarily engaged in the business of investing in securities of listed and unlisted companies, predominantly for medium to long term. The Company’s investment portfolio is diversified across various sectors, such as financial services, healthcare, retail, packaging, QSR, information technology, infrastructure, energy, Oil & Gas and real estate etc.
| Company Name | CMP |
|---|---|
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| Shriram Finance | 1022.45 |
| Aditya Birla Capital | 338.20 |
| Chola Invest & Fin. | 1569.10 |
| Tata Capital | 335.75 |
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