Veljan Denison Limited (BSE:505232) signed an share purchase agreement to acquire Adan Corporate Services Limited for €1.40 million on July 6, 2022. The 100% consideration for this acquisition will be payable in cash. Veljan Denison complete the 100% acquisition of shares by August 2022. This acquisition does not fall under related party transactions and the promoter, promoter group, group companies, Directors have no personal interest in the entity being acquired.

Veljan Denison Limited (BSE:505232) completed the acquisition of Adan Corporate Services Limited on August 3, 2022.