The acquisition of the remaining 49% of the Kanchi Agro Product Private Limited has been completed and has now become the wholly-owned subsidiary of Kanchi Karpooram Limited.
KANCHI · price
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Kanchi Karpooram Limited has completed the acquisition of the remaining 49% equity shares in its subsidiary, Kanchi Agro Product Private Limited, through off-market transfers on 8th September 2025. With this acquisition, Kanchi Agro Product has become a wholly-owned subsidiary of Kanchi Karpooram with effect from 9th September 2025. The company had earlier disclosed the acquisition process through letters dated 27th May, 30th June, and 31st July 2025. The completion was confirmed and disclosed to BSE on 12th September 2025 under Regulation 30 of SEBI LODR. No financial details of the transaction (such as consideration amount) have been disclosed in this filing.
Kanchi Agro Product is now fully owned by Kanchi Karpooram, giving the parent company complete control over the subsidiary's operations, profits, and decision-making. For shareholders, this means full consolidation of the subsidiary's financials going forward, though the impact on stock price is likely to be limited unless the subsidiary is a significant contributor to overall revenue or profit.