Aceso Research Labs LLP and Shailaja Ravikanti made an offer to acquire 26.001052% stake in Macro International Limited from Sudhir Kumar Parasrampuria, Shashank Parasrampuria, Amber Mercantiles Limited, Magnanimous Trade & Finance Limited and Beopar Sahayak Private Limited and others for INR 10.3 million.

Aceso Research Labs LLP and Shailaja Ravikanti made an offer to acquire 26.001052% stake in Macro International Limited (BSE:512600) from Sudhir Kumar Parasrampuria, Shashank Parasrampuria, Amber Mercantiles Limited, Magnanimous Trade & Finance Limited and Beopar Sahayak Private Limited and others for INR 10.3 million on March 3, 2022. Under the terms, 10,33,300 representing will be acquired at a price of INR 10 per share. Aceso Research Labs LLP and Shailaja Ravikanti also made a share purchase agreement for 26,55,091 Equity Shares representing 66.81% stake in Macro Internationa from Sudhir Kumar Parasrampuria, Shashank Parasrampuria, Amber Mercantiles Limited, Magnanimous Trade & Finance Limited and Beopar Sahayak Private Limited.

The Offer is unconditional and not subject to any minimum level of acceptance from the shareholders. Offer period commencing date is from April 28,2022 to May 12,2022. Mark Corporate Advisors Private Limited acted as financial advisor and Beetal Financial & Computer Services Private Limited to Aceso Research Labs LLP.