Tag
Ownership Change
5 articles
Significant shifts in corporate ownership are reshaping the Indian business landscape. Across multiple sectors, promoters are exiting or transferring stakes, often through inter-se gifts or sales to new investors. Restaurant Brands Asia is undergoing a complete promoter change with Lenexis Foodworks injecting substantial capital, while the founding families of Iykot Hitech have fully divested their holdings to Aspect Global. These changes, alongside stake adjustments at Asgard Alcobev and DESCO Infratech, highlight a potential reassessment of long-term investment strategies within these companies and could impact corporate governance and future growth trajectories.
Restaurant Brands Asia Receives CCI Approval for Control Acquisition
Restaurant Brands Asia received CCI approval for a complex transaction involving preferential issue and share purchase.
Acquirers led by Lenexis Foodworks will inject ₹900 crore via equity and ₹600 cr
Iykot Hitech Promoters Sell Entire Stakes to Aspect Global
Iykot Hitech Toolroom discloses completion of a share purchase agreement, resulting in the transfer of all promoter holdings to Aspect Global Ventures.
Four promoters—Padam, Anjanna, Likhitta, and Ant
Ronak Jain Acquires 1.14M Asgard Alcobev Shares
Ronak Jain disclosed acquisition of 1,138,932 shares in Asgard Alcobev Limited via open offer tendering process on April 23, 2026.
Post-acquisition, Jain's direct shareholding increased to 38.19% from
DESCO Infratech Promoter Acquires 31.04% Stake
Disclosure of inter-se transfer of 23.82 lakh equity shares (31.04% stake) from Indiraben Pruthubhai Desai to Pankaj Pruthu Desai via gift.
Transaction executed off-market on 07.04.2026 between promot
Damodar Industries Promoter Acquires 24.89L Shares Via Gift
Damodar Industries discloses promoter Arunkumar Biyani's acquisition of 24.89 lakh shares via inter-se transfer gift from Anil Biyani on March 30, 2026.
Post-transaction, Arunkumar Biyani's shareholdi