Valecha Engineering Allots 95% Stake to Aether & JK

Valecha Engineering discloses substantial share acquisition filings by Aether Perspectives LLP and J K Solutions Private Limited under SEBI SAST Regulations.
Aether Perspectives LLP was allotted 99,13,211 equity shares (44% stake) in Valecha Engineering on 27.12.2024 per NCLT order.
J K Solutions Private Limited was allotted 1,14,90,313 equity shares (51% stake) in Valecha Engineering on the same date under the same NCLT order.
The combined acquisition of 214,03,524 shares represents a 95% stake in the company, executed as part of a resolution plan approved by the NCLT.