Variman Global Enterprises Ltd

Variman Global Expands Stake in Straton Business Solutions 🏢📈

- Variman Global allotted 5,00,000 equity shares at ₹10.50 per share (₹9.50 premium) to non-promoters.

- The shares were issued to acquire a 16.67% stake (2,50,000 shares) in Straton Business Solutions.

- Post-transaction, Variman Global will own 100% of Straton, making it a wholly-owned subsidiary.

- The allottee, Narayana Rao Kakarla, received all 5,00,000 shares.