Ravi Agarwal and Aristo Realty Developers Ltd made an offer to acquire 26% stake in Shree Global Tradefin Limited (BSE:512463) for INR 2.1 billion on November 24, 2022. The offer price per share is INR 5.2. The transaction will be financed by an escrow account, in which, Ravi Agarwal and Aristo Realty Developers have deposited INR 540 million. As of April 27, 2023, the IDC is of the view that the offer is fair and reasonable. As of April 24, 2023, the offer will open on May 2, 2023, and close on May 16, 2023. Mark Corporate Advisors Private Limited acted as a manager to offer. Bigshare Services Private Limited acted as registrar to Ravi Agarwal and Aristo Realty Developers Ltd.

Ravi Agarwal and Aristo Realty Developers Ltd completed the acquisition of 0.0005% stake in Shree Global Tradefin Limited (BSE:512463) on May 16, 2023.