Sreenivasa Sreekanth Uppuluri, Yerradoddi Ramesh Reddy and Edvenswa Tech Private Limited completed the acquisition of 0.10% stake in KLK Electrical Limited for INR 0.06 million.
As of November 19, 2021, the tendering period is from December 22, 2021 to January 11, 2022. As per update on January 18, 2022, offer period has been revised to February 8, 2022. As on January 14, 2022, IDC members recommends offer to be fair and reasonable.
S Ramakrishna Iyengar of Finshore Management Services Limited acted as financial advisor to Sreenivasa Sreekanth Uppuluri, Yerradoddi Ramesh Reddy and Edvenswa Tech Private Limited. K. Sreepriya of Cameo Corporate Services Limited acting as a registrar to Sreenivasa Sreekanth Uppuluri, Yerradoddi Ramesh Reddy and Edvenswa Tech Private Limited.
Sreenivasa Sreekanth Uppuluri, Yerradoddi Ramesh Reddy and Edvenswa Tech Private Limited completed the acquisition of 0.10% stake in KLK Electrical Limited (BSE:517170) for INR 0.06 million on February 8, 2022.