Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015- Completion of acquisition of Anirit Agritech Private Limited (AAPL).
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Anirit Ventures Ltd has completed the acquisition of 100% equity shareholding in Anirit Agritech Private Limited (AAPL) on 27th February 2026, making AAPL a wholly-owned subsidiary. The deal cost Rs. 12.87 crore in cash consideration, funded through proceeds from the company's recently concluded Rights Issue (which received listing/trading approvals in January 2026). AAPL operates in the Agriculture and Agritech sector with a focus on controlled weather farming; its turnover has been steadily declining over the past three years (Rs. 1.05 crore in FY23 to Rs. 32 lakh in FY25). Notably, AAPL was already a wholly-owned subsidiary of Anirit Ventures' parent company, making this effectively a promoter-group consolidation.
The acquisition is small relative to the company's listed status, and AAPL's shrinking revenue does not add meaningful earnings immediately. For shareholders, this signals a strategic push into agritech using rights-issue funds; near-term stock impact is likely neutral unless the company provides a clear growth roadmap for the new subsidiary.