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R K SWAMY Promoters Strengthen Control with 3.56% Stake Acquisition

R K SWAMY Limited, a prominent player in India’s integrated marketing services sector, has seen its promoters significantly increase their stake in the company. Srinivasan K Swamy and Narasimhan K Swamy, the promoters, acquired 3.56% of the company’s shares from Evanston Pioneer Fund L.P., a U.S.-based entity that had invested in R K SWAMY in 2018-2019.

The share buyout, completed on December 27, 2024, was conducted at a market price of Rs 249.64 per share. Following this acquisition, the promoters and their group now hold a substantial 69.6% stake in the company, strengthening their control over the integrated marketing services group.

Since its public listing in March 2024, R K SWAMY Limited has continued to expand its presence in India’s competitive marketing solutions industry, offering services such as creative design, media planning, data analytics, and market research.

The recent acquisition reflects the promoters’ confidence in the company’s long-term prospects and their commitment to driving its growth in the evolving marketing landscape.

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