Almas Holdings Divests 24.78% Stake in Renuka Holdings 📈

• Transaction Overview: Almas Holdings Ltd. has sold a significant 24.78% stake in Renuka Holdings PLC (non-voting ordinary shares) for a total consideration of Rs. 243 million. • Buyer Breakdown: Capital Alliance Quantitative Equity Fund: Acquired a 5.16% stake (1.25 million shares). Market Divestment: 19.62% stake (4.75 million shares) sold to the public at Rs. 40.50 per share. • Context & Positioning: Prior to this sale (as of end-September 2025), Almas Holdings was the largest non-voting shareholder with a 43.34% stake. This move represents a major portfolio adjustment within the diversified holdings sector. • Market Performance: Renuka Holdings non-voting shares closed yesterday at Rs. 43.50, reflecting a gain of Rs. 1.90 (+4.57%) following the transaction activity.