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Incorporated in 1990, STEL Holdings Ltd invests in securities of group companies
STEL Holdings invested ~₹12.45 Cr to acquire 3.5 lakh equity shares of Saregama India. This strategic move increases its stake by 0.18% in the music & entertainment firm, consistent with its Core Investment Company operations.
STEL Holdings acquired 35,970 equity shares of Zensar Technologies for approximately Rs. 2 crore. This strategic move, part of STEL's ordinary business as a Core Investment Company and promoter group member, slightly increases its stake.
STEL Holdings acquired 14,880 equity shares (0.037%) of CEAT Limited for approximately Rs. 5 Cr. This market purchase is in the ordinary course of business for STEL, an existing shareholder and promoter group company of CEAT, a leading tyre brand with FY25 turnover of Rs. 13217.87 Cr.
STEL Holdings invested approximately Rs. 7 Cr to acquire 18,850 equity shares of CEAT Limited. This increases its stake in the promoter group company, a leading tyre brand, as part of its core investment strategy.
STEL Holdings has announced a board meeting on the financial results for the quarter and half-year. Consolidated revenue stood at ₹13.44 Cr with net profit of ₹9.98 Cr for the quarter; annual revenue was ₹21.91 Cr and net profit ₹15.87 Cr. Investments increased to ₹1,884 Cr from ₹1,567 Cr year-on-year....