Type of Deal: Acquisition of majority stake (99.95%) with intent to acquire 100%
Stake/Capacity: 99.95% of issued, subscribed and paid-up share capital acquired
Deal Value: Not disclosed in this document
Funding Source: Not disclosed in this document
Financial Impact: Not disclosed in this document
Timeline: Acquisition completed on August 25, 2026. Process ongoing to acquire remaining 0.05% shareholding in accordance with Share Purchase Agreement terms.
Strategic Rationale: Not explicitly stated in this update document.
Approval Status: Acquisition completed. Process ongoing for remaining 0.05% share acquisition.
Reference Regulation: SEBI Regulation 30 of Listing Obligations and Disclosure Requirements Regulations, 2015. Also references Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated 30th January, 2026.
Additional Context: This communication follows previous intimations dated August 01, 2026 and August 20, 2026 regarding the proposed acquisition. Consequent to this acquisition, RLOP Food Processing Private Limited has become a subsidiary of Prataap Snacks Limited. Upon acquisition of the remaining shares, it will become a wholly-owned subsidiary.
