Sumita Mishra made an offer to acquire 26% stake in Suncity Synthetics Limited (BSE:530795) for INR 9 million on April 16, 2024. The transaction is expected to close on June 18, 2024. Swaraj Shares and Securities Private Limited acted as financial advisor to Sumita Mishra.

Universal Capital Securities Ltd. and Purva Sharegistry (India) Pvt. Ltdis appointed as the registrar to the offer by the acquirer and Suncity Synthetics Limited in the transaction.