Target Entity: RLOP Food Processing Private Limited

Type of Deal: Acquisition of 100% equity share capital

Stake/Capacity: 100% of the issued, subscribed and paid-up equity share capital

Deal Value: ₹15,44,60,000 (Rupees Fifteen Crore Forty-Four Lakh and Sixty Thousand only)

  • Structure: Cash consideration

Funding Source: Not disclosed

Financial Impact: Not disclosed - Target company has not commenced business operations and did not report any turnover during the last financial year

Timeline: Acquisition completed on August 28, 2026

Strategic Rationale: Strategic acquisition of the target company holding Government-allotted leasehold land intended to be utilized for the Company's proposed Greenfield manufacturing project

Approval Status: Completed acquisition - no governmental or regulatory approvals required

Target Company Background:

  • Incorporated on June 24, 2014 under the Companies Act, 2013
  • Objective: Carrying on the business of food processing and related activities
  • Has not commenced commercial operations since incorporation
  • Holds leasehold rights over a parcel of land allotted by Government authorities through the District Industries Centre (DIC), Madhya Pradesh
  • No revenue generated from operations during the last three financial years
  • Presence: India only

Transaction Details:

  • Not a related party transaction
  • None of the promoter(s), promoter group or group companies has any interest in the Target Company
  • Industry: Food Processing
  • Completed through Share Purchase Agreement executed with existing shareholder(s)