The promoters will magically increase their shareholding from 55.01% to 65.13% from this merger and all investors will be happy to see promoter buying shares😃.
They say it is not related party transaction, I have found only one connection between them.
“Praveg Adalaj Tourism Infrastructure Private Limited’s Corporate Identification Number is (CIN) U45202GJ2022PTC133994 and its registration number is 133994.Its Email address is cs@praveg.com and its registered address is 214, Athena Avenue Near Eulogia Hotel, Gota, Daskroi Ahmedabad Ahmedabad GJ 382481 IN.”
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