Announced Sat, 4 Jul · 21:25 IST
Allotment of 2.11 crore equity shares via share swap for acquisitions
Fund Raising View source PDF
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Board allotted 2,11,07,790 equity shares at Rs 135 each (including Rs 125 premium) on preferential basis for consideration other than cash, totaling Rs 284.96 crores. Shares went to 157 allottees including promoter Sunil Kumar Shahi, as part of a share swap for acquiring SNA Milk and Milk Products and DFSU Farmer Connect. Shareholders had approved this in EGM on Feb 20, 2026.
Likely market impact
Share swap issuance will dilute existing holders but brings in SNA Milk and DFSU businesses with no cash outflow.