Acquiring Company
Ancla Technology Solutions India Private Limited
Acquired Company
Reliable Ventures India Limited
HyderabadIndiaInformation TechnologyConsultingFinancial ServicesFinanceVenture CapitalAngel InvestmentDescription
Ancla Technology Solutions India Private Limited has acquired a 19.56% stake in Reliable Ventures India Limited through off-market transactions. This acquisition involves the purchase of 21,54,012 equity shares, boosting Ancla's holdings significantly. The move is seen as a strategic consolidation of ownership within the promoter group, likely aimed at enhancing corporate governance.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Reliable Ventures India Limited?
Reliable Ventures India Limited was acquired by Ancla Technology Solutions India Private Limited, based in Hyderabad. The deal was reported on September 12, 2026. Ancla Technology Solutions India Private Limited is a technology firm involved in various sectors including IT services. Ancla Technology Solutions India Private Limited is privately held and operates in Information Technology.
When did Ancla Technology Solutions India Private Limited acquire Reliable Ventures India Limited?
Ancla Technology Solutions India Private Limited's acquisition of Reliable Ventures India Limited was reported on September 12, 2026. Ancla Technology Solutions India Private Limited has acquired a 19.56% stake in Reliable Ventures India Limited through off-market transactions. This acquisition involves the purchase of 21,54,012 equity shares, boosting Ancla's holdings significantly. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Reliable Ventures India Limited do?
Reliable Ventures India Limited is a company that focuses on various investment ventures. It operates in the domain of capital management and equity shares. The firm has a total diluted share capital and is listed on the Bombay Stock Exchange. It is privately held, operating in Financial Services, and is based in India.
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