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Cello World stock surged after denying talks of a Bain Capital majority stake acquisition
06-Aug-2026, 11:27
Cello World Limited clarified that it is not engaged in negotiations regarding a potential majority stake acquisition by Bain Capital, following a news report in Livemint on August 4, 2026, which caused the company's stock price to increase by 18.59%, moving from Rs 344.90 to Rs 409.00 on August 5, 2026. The company stated that it routinely explores strategic opportunities but does not have any material information to disclose under SEBI regulations and considers the news item speculative.
Cello World Limited clarified that it is not engaged in negotiations regarding a potential majority stake acquisition by Bain Capital, following a news report in Livemint on August 4, 2026, which caused the company's stock price to increase by 18.59%, moving from Rs 344.90 to Rs 409.00 on August 5, 2026. The company stated that it routinely explores strategic opportunities but does not have any material information to disclose under SEBI regulations and considers the news item speculative.