Kati Patang to acquire 10% in New Zealand's Gimme via share swap
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.4 pts less than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved acquiring 10% equity in Bread Private Limited (Gimme NZ), a New Zealand food delivery and premium liquor marketing firm, through a share swap. Subject to valuation and definitive agreements, likely completing within 4 months of signing. Gimme NZ turnover grew to $272,333 in FY25-26 from $105,945 in FY23-24, with 20,000 plus customers and 50% plus quarterly growth. Not a related party deal.
Diversification push into NZ liquor delivery; share swap means no immediate cash outflow but possible equity dilution. Subject to valuation and agreements.