Nagarjuna Agri Tech Completes Partial Stake Acquisition, Share Price Surges

Nagarjuna Agri Tech Ltd (BSE: 531832) has seen significant changes in recent months. Rachna Suman Shaw completed the acquisition of a 2.67% stake for INR 5 million on November 26, 2024, as part of a larger proposed 26% stake purchase for INR 48.7 million. This partial acquisition, priced at INR 20 per share, received board approval on November 5, 2024. The company's share price has responded positively, reaching Rs. 39.9 on March 6, 2025, marking a 14.92% increase over six months. Promoter holding has risen to 53.84% as of December 2024, up from 31.42% in March 2024, indicating growing confidence in the company's prospects.

 

Sources: MarketScreener, ICICI Direct, Business Standard