Vikas Lifecare Limited (VLL) announced it has acquired 30% stakes in the Ardh Sainik Canteens in an all-cash deal of INR 150 Million from its existing stakeholders. According to the company’s exchange filing, “Vikas Lifecare Limited, as a measure of forward integration, in order to extend its retail footprint across India, taking another giant leap…
The company board of Vikas Lifecare Limited has approved the issuance and allotment of 12.50 crore equity shares to eligible, qualified institutional buyers (QIBs). The company has informed the bourses about the same. Through this qualified institutional placement (QIP), the diversified listed conglomerate will be launching Rs 50 crore from the investors by alloting the…