Jeyyam Global Foods invests in two Chana-focused LLPs
JEYYAM · price
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Investment Committee approved taking a 49 percent stake each in two newly proposed LLPs, Chana Direct Foods LLP and Dhana Dhara Foods LLP, both in chana manufacturing and trading. Initial capital contribution is Rs 49,000 per LLP, with total investment capped at Rs 10 lakh each in tranches. Both are related party transactions done at arm's length. Aim is to expand business verticals across states and improve raw material procurement for chana goods.
Very small capital deployment in related-party LLPs; signals chana vertical expansion but deal size is negligible for the listed entity.