Vibrant Investments, Sejal Ullas Shah and Rajasvee Sagar Shah signed agreement to acquire 37.06% stake in Hipolin Limited from group of sellers for INR 39.53 million on June 22, 2021. As per terms of transaction, Vibrant Investments, Sejal Ullas Shah and Rajasvee Sagar Shah will acquire total 1.1 million shares at INR 34.06. Vibrant Investments will acquire 0.580267 Equity Shares constituting 18.53 % of the Voting Share Capital, Sejal Ullas Shah will acquire 0.299134 Equity Shares constituting 9.55 % of the Voting Share Capital and Rajasvee Sagar Shah will acquire 0.290134 Equity Shares constituting 9.27 % of the Voting Share Capital. In a related transaction, Vibrant Investments, Sejal Ullas Shah and Rajasvee Sagar Shah made an offer to acquire 26% stake in Hipolin Limited for INR 27.7 million on June 22, 2021.