We have attached herewith MOU entered between Jay Kailash Namkeen Limited and Jay Laxmi Snacks LLP. Kindly take the same on your record. Thank you.
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Jay Kailash Namkeen Limited has signed an MOU dated December 4, 2025 to acquire 100% of Jay Laxmi Snacks LLP, a Rajkot-based LLP in the same namkeen and snacks business. The deal is valued at Rs. 5.41 crore, payable through a mix of equity and cash, and is expected to close within 6 months. The target reported turnover of Rs. 309.85 lakh in FY25 and Rs. 631.03 lakh for the period ending November 30, 2025. The acquisition is not a related party transaction and aims to deliver cost savings, operational efficiencies, and broader product offerings. The target operates only in India and is in the FMCG sector.
This is a bolt-on acquisition in the company's core namkeen/snacks line of business, which could boost revenue and margins once integrated. Shareholders should watch for updates on completion timelines, valuation fairness, and any dilution from the equity portion of the consideration.