Eco Hotels UK Plc made an offer to acquire 26% stake in Sharad Fibres & Yarn Processors Limited (BSE:514402) for INR 5.9 million on July 21, 2022. As per the transaction, Eco Hotels UK Plc will acquire 11,35,264 shares at INR 5.19 per share. As of October 10, 2022, Tender offer will commence on October 13, 2022, and will close on October 28, 2022.

Bigshare Services Pvt. Ltd. acted as registrar and Gretex Corporate Services Limited (BSE:543324) acted as financial advisor to Eco Hotels UK Plc.