Phoenix Asset Management Acquires 3.64% Stake in Ventura Guaranty Through NCLT-Approved Merger
Phoenix Asset Management Acquires 3.64% Stake in Ventura Guaranty Through NCLT-Approved Merger is drawing significant interest across the industry.
Phoenix Asset Management Private Limited acquired 1,40,364 equity shares (3.64%) in Ventura Guaranty Limited through an NCLT-approved merger scheme dated November 17, 2025. The acquisition increased Phoenix's total shareholding from 5.49% to 8.20%, with shares allotted on January 5, 2026, and credited on March 3, 2026. The merger involved Kashmir Investment and Leasing Private Limited as the transferor company, with Ventura Guaranty's share capital expanding from Rs. 3,19,48,000 to Rs. 3,85,35,450 post-merger.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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