Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), the Company has incorporated its subsidiary named as ....
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Chatha Foods Limited has incorporated a new subsidiary called Allana CF Foods Private Limited on April 08, 2025, with a CIN of U56290PB2025PTC064144 and registered office in Mohali, Punjab. The new entity will operate in the food industry, focusing on manufacturing and processing ready-to-cook and ready-to-eat meat and chicken products for both domestic and international markets. Chatha Foods holds a 70% stake in the new company, with an initial investment of Rs. 10 lakh as equity share capital subscription in cash. The remaining 30% is held by the Allana group, a well-known name in India's meat export industry. The transaction is not classified as a related party transaction, and no government approvals are required.
This move signals Chatha Foods' expansion into the high-value processed meat and chicken segment, leveraging the Allana group's strong presence in meat exports. For shareholders, this opens a new growth vertical with international market potential, though it is currently a small capital commitment and the subsidiary has no revenue yet.