The transaction, which will be executed in cash, involves the purchase of shares at ₹80,000 at par value. The total investment, including the acquisition and additional funding, will be up to ₹120 crore, with the capital structure to be finalised within 60 days. Shares of Astral Ltd ended at ₹1,382.25, up by ₹6.95, or 0.51%, on the BSE.
