Target Entity: Delta Marine Products (Partnership Firm)

Type of Deal: Strategic investment for majority acquisition (51% stake)

Stake/Capacity: 51% stake acquisition

Deal Value: Not exceeding ₹11,10,00,000/- (Rupees Eleven Crores Ten Lakhs Only)

Funding Source: Cash consideration through capital contribution in one or more tranches

Financial Impact:

  • Target company turnover (FY 2024-25): ₹28,16,99,338/-
  • Target company PAT (FY 2024-25): ₹(19,72,919)/- (loss)
  • Historical turnover: As on March 2024: ₹3,64,15,650/-, As on March 2023: NA
  • The acquisition is expected to help focus on capacity expansion and optimization of operational processes, leading to improved production efficiency and broader market reach

Timeline: Expected completion by 30-09-2026

Strategic Rationale:

  • Expansion of the core business of fish meal and fish oil manufacturing
  • Capacity expansion and optimization of operational processes
  • Improved production efficiency
  • Broader market reach

Approval Status: Board-approved on 12th June 2026

Additional Details:

  • Not a related party transaction
  • No governmental or regulatory approvals required
  • Delta Marine Products incorporation date: 12-08-2023
  • Business: Manufacturing of fish meal and fish oil
  • Country of operation: India

Reference Regulation: SEBI Regulation 30 of Listing Obligations and Disclosure Requirements Regulations, 2015