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Solara promoter, TPG plan to sell stake in company

The company has seen a near five-fold jump in its share price, giving
promoters Kumar and his partner KR Ravishankar an additional reason to
cash out. Together they own 44% of the company. TPG has a 15.2% stake.
A change in management will also trigger an open offer.

https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/solara-promoter-tpg-plan-to-sell-stake-in-co/articleshow/81078592.cms



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alexbelov11 said...
February 8, 2024 at 4:22 AM  

Thanks. Such actions often indicate a desire to capitalize on current market conditions or pursue new opportunities. It will be interesting to see how this sale impacts Solara's trajectory and if it leads to any significant changes in its operations or market positioning.

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Anonymous said...
May 24, 2024 at 4:51 AM  

The news of Solara Promoter and TPG planning to sell their stake in the company signifies an interesting shift in the dynamics of the gaming industry. As major players contemplate such moves, it opens up avenues for potential partnerships and investments. This development also prompts discussions about the future direction of the company and how it aligns with industry trends and consumer demands. In this context, initiatives like Rocket Play signup could prove instrumental in attracting new users and solidifying the platform's position in the market. It'll be fascinating to observe how these strategic decisions unfold and their impact on the gaming landscape.

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