Shivansh Finserve Approves ₹81.32 Crore Share-Swap Acquisition For Two Targets

Board approved acquisition of 19.5% each in SIPL and PMLPL for total consideration of Rs 81.3 Cr via preferential share-swap issue of up to 4.07 Cr shares at Rs 20. Targets operate in logistics, transportation and mining; FY25 turnover was Rs 52.4 Cr for SIPL and Rs 71.2 Cr for PMLPL, diversifying Shivansh into new businesses. The issue requires shareholder and regulatory approvals and could materially dilute existing holders; valuation, target profitability and post-acquisition control remain undisclosed.