ImportantUpdates
Antelopus Selan Energy's promoter, Blackbuck Energy Investments, has significantly increased its stake.
Selan Exploration Technology LimitedSELAN · Filed with the exchange
Pursuant to the Composite Scheme of Arrangement, Blackbuck was allotted 1.99 Cr equity shares.
This transaction boosts their shareholding from 46.31 Lakh shares (30.46%) to 2.46 Cr shares (69.93%) post-amalgamation.
This substantial increase in promoter holding is a key development, reflecting the completion of the corporate restructuring and strengthening strategic control.
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