Shree Saibaba Exim Private Limited bought 2,93,56,550 shares of Evexia Lifecare for ₹2.94 Cr at ₹1.00 apiece, raising its stake from 4.16% to 5.73% and crossing the 5% disclosure threshold. This is the sixth open-market purchase by the promoter group in 30 days.
A chemicals trading company incorporated in 1990, Evexia Lifecare distributes and supplies chemicals, agricultural produce, and consumer goods across India. The company operates as a key intermediary in these sectors, facilitating the movement of goods between manufacturers and retailers. Its business model centers on trading operations, serving as a bridge in supply chains for industrial chemicals, farm products, and everyday consumer items.
