T. Dhevanathan Yadav entered into a share purchase agreement to acquire 53.5% stake in Upasana Finance Limited (BSE:511764) from Rekha Jain, Bhavika Jain and Khushbu Jain for INR 91.5 million on March 8, 2019. The consideration is payable in cash. T. Dhevanathan Yadav will acquire 2.3 million shares in Upasana Finance Limited. As part of transaction, Rekha Jain will sell 2.14% stake, Bhavika Jain will sell 27.94% stake and Khushbu Jain will sell 23.38% stake in Upasana Finance Limited. In a related transaction, T. Dhevanathan Yadav made an offer to acquire 26% stake in Upasana Finance Limited on March 8, 2019. T. Dhevanathan Yadav cancelled the acquisition of 53.5% stake in Upasana Finance Limited (BSE:511764) from Rekha Jain, Bhavika Jain and Khushbu Jain on March 8, 2020.