The promoters of RK Swamy have consolidated their holding in the company. They have bought 3.56% shares held by US-based Evanston Pioneer Fund at a market price of INR 249.64 per share.

The transaction was concluded on 27 December 2024 by Srinivasan K Swamy and Narasimhan K Swamy.

Evanston Pioneer Fund has invested in the company in 2018-19.

With this buy out, the promoter and promoter group hold 69.6% of the equity paid up capital of R K Swamy. 

The agency was listed on the stock exchanges in March 2024. 

Following the news, the share price increased to INR 269 on 31 December.