š 3 New Investors Acquire 64.5% Stake in Chrissworld for Rs. 232.3 Mn
⢠Transaction Overview: Three new investors acquired a combined 64.53% stake (19.36 Mn shares) in Chrissworld PLC (CWL.N) for Rs. 232.3 Mn at Rs. 12.00 per share on 2 November 2026. None of the buyers previously held shares in the company. ⢠Investor Breakdown: ⢠Hands International Group Ltd.: Acquired 29.5% (8.85 Mn shares) for Rs. 106.2 Mn, becoming the largest acquirer. ⢠S.A.D.N. Suraj: Acquired 20.83% (6.25 Mn shares) for Rs. 75.0 Mn. ⢠SJP Global Ltd.: Acquired 14.20% (4.26 Mn shares) for Rs. 51.1 Mn. ⢠Financial Context & Market Details: ⢠Reported net asset value stood at Rs. 6.40 per share as of end-June 2026. ⢠Major prior shareholders included Chrisslogix Ltd. (67%) and Ceybank Unit Trust (3%). ⢠CWL.N shares closed at Rs. 15.90, down 70 cents. ⢠Transaction reported under the Take-Overs and Mergers Code by Bartleet Religare Securities.