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Pursuant to this, VISA Infrastructure Limited already held 4,43,87,167 shares which is 38.33% of the total paid up share capital. On 04 November 2022, VISA Industries Limited (VIL), the acquirer, acquired 57,80,000 equity shares through open market purchase which is 4.99% of the total paid up share capital. Since, the acquisition is more than 2%, VIL submitted a disclosure under Reg 29(2) of the SEBI SAST to the Company and it was submitted to the Stock Exchanges within the stipulated time. 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