Amar Jitendra Patwa, Sangita Amar Patwa And Shah Shalvi Rajan entered into a Share Purchase Agreement to acquire 38.85% stake in AKM Lace and Embrotex Limited (BSE:540718) from group of sellers for INR 11.7 million on September 6, 2021. As per terms of transaction, consideration will be in cash. Amar Jitendra Patwa, Sangita Amar Patwa And Shah Shalvi Rajan will acquire 0.3 million shares representing 12.95% stake each. In a related transaction, Amar Jitendra Patwa, Sangita Amar Patwa And Shah Shalvi Rajan made an offer to acquire 26% stake in AKM Lace and Embrotex Limited for INR 7.8 million on September 6, 2021.