Rahul Jhunjhunwala, Dipesh Garg and Priyesh Garg made an offer to acquire a 25% stake in Anshuni Commercials Limited (BSE:512091) for INR 5.2 million on May 3, 2022. In similar transaction Rahul Jhunjhunwala, Dipesh Garg and Priyesh Garg entered into a share purchase agreement to acquire a 75% stake in Anshuni Commercials Limited (BSE:512091) from Nitin Mehta, Bharati Mehta, Bhavin Mehta, Purvi Mehta, Anshul Mehta, Indiashoppingmal.com Private Limited and Tycarati Jewellery Private Limited for INR 15.6 million on May 3, 2022. The acquisition will be financed through internal resources and no funds are borrowed from banks or financial institution for the purpose of this offer. Offer is subject to the receipt of the statutory and other approvals. The offer will commence from June 24, 2022 to July 7, 2022. As per update on July 25, 2022, the offer period will commence from August 1, 2022 to August 17, 2022. Alok Harlalka of Gretex Corporate Services Limited acted as manager to offerors. Sripreeya K of Cameo Corporate Services Limited acted as registrar to offerors.

Rahul Jhunjhunwala, Dipesh Garg and Priyesh Garg completed the acquisition of a 25% stake in Anshuni Commercials Limited (BSE:512091) on August 17, 2022.