Karthik Srinivasan entered into share purchase agreement to acquire 55.94% stake in Jagsonpal Finance & Leasing Ltd. (BSE:530601) from Kanwarpal Singh Kochhar, Jasbir Kaur Kochhar, Mohinder Kaur Kochhar, Kultaran Singh Kochhar and Daljit Singh Shahpuri for INR 38.5 million on June 24, 2024. Karthik Srinivasan will acquire 3.08 million shares at INR 12.5 per share. The said sale of shares shall be transferred after obtaining of various approvals required under the law from the Regulatory Authorities.