Mandala Capital Limited entered into a Share Purchase Agreement to acquire an additional 69.79% majority stake in Gati Kausar India Limited from Gati Limited (BSE:532345) for INR 0.5 million on May 25, 2021. Post transaction, Mandala Capital Limited will have 99.89% stake in Gati Kausar India Limited and Gati Limited will not have any stake in Gati Kausar India Limited. Transaction has been approved by the Board of Directors of Gati Limited. Transaction is expected to close on June 30, 2021. Mandala Capital Limited completed the acquisition of an additional 69.79% majority stake in Gati Kausar India Limited from Gati Limited (BSE:532345) on July 14, 2021.