Thursday Jan 22, 2026
Thursday Jan 22, 2026
Thursday, 22 January 2026 05:48 - - {{hitsCtrl.values.hits}}
Almas Holdings Ltd., has divested a 24.78% stake in Renuka Holdings PLC for a consideration of Rs. 243 million.
It sold a 5.16% stake involving 1.25 million non-voting ordinary shares to the Capital Alliance Quantitative Equity Fund, and another 19.62% stake involving 4.75 million shares to the market at Rs. 40.50 per share.
As of end-September 2025, Almas Holdings Ltd., was the largest holder of non-voting ordinary shares with a 43.34% stake.
Renuka Holdings non-voting shares closed Rs. 1.90 up yesterday at Rs. 43.50.
