Minerva Ventures Fund bought 2,00,000 shares of Sharat Industries Limited for ₹3.24 Cr at ₹162.24 apiece in a bulk deal.
A vertically integrated seafood company engaged in shrimp aquaculture and shrimp feed manufacturing. Incorporated in 1990, the company operates across breeding, farming, processing, and feed production to serve the aquaculture industry. It maintains control over multiple stages of the value chain, supplying both domestic and international markets with quality shrimp and specialized aquaculture feed products for the sector.
A Mauritius-based foreign portfolio investor and an active anchor investor in Indian SME public issues, where it has backed a steady run of listings. It also builds positions in listed small caps. The fund reports through more than one vehicle, including an Indus QRAC strategy, and both sit under the same administrator.