Gemstone Investments Ltd
Dhairya Management Acquires 13.65% Stake in Gemstone Investments 📈
• Dhairya Management Services Pvt. Ltd. acquired 2,00,00,000 equity shares in Gemstone Investments Limited (Scrip Code: 531137).
• The acquisition represents a 13.65% stake in the total share capital and 3.70% of the diluted share capital.
• The shares were acquired through the conversion of warrants on April 21, 2024.
• Gemstone Investments' equity share capital increased from 7,47,50,000 shares to 14,65,50,000 shares post-acquisition.
• The diluted share capital of Gemstone Investments stands at 54,01,50,000 shares.
• Dhairya Management is not part of the promoter group.