Trescon touches roof on acquiring 97% ownership in M/s. Triveni Dwellwell Realtors
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Trescon is currently trading at upper limit of Rs. 17.38, up by 2.89 points or 19.94% from its previous closing of Rs. 14.49 on the BSE.
The scrip opened at Rs. 15.45 and has touched a high and low of Rs. 17.38 and Rs. 14.50 respectively. So far 202382 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.15 on 08-Jan-2024 and a 52 week low of Rs. 12.65 on 21-Mar-2024.
Last one week high and low of the scrip stood at Rs. 17.38 and Rs. 14.21 respectively. The current market cap of the company is Rs. 125.98 crore.
The promoters holding in the company stood at 46.61%, while Institutions and Non-Institutions held 3.72% and 49.66% respectively.
Trescon has acquired 97% interest / ownership / voting rights by way of capital contribution in M/s. Triveni Dwellwell Realtors LLP ('LLP') effective September 02, 2024. The objective of acquisition is to strengthen the existing structure of the company by way of the acquisition of interest / ownership / voting rights of the said LLP through Capital Contribution.
The cost of acquisition is not exceeding Rs 9,70,000.
Trescon (formely known as Pushpanjali Floriculture) is engaged in the business of floriculture, which includes cut flowers, fruit trees, flowering plants, bulbs and horticulture.
