announcement under regulation 30 (LODR) - Acquisition
Price
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Lexoraa Industries Ltd has acquired 100% shareholding of Any and Every Export Limited, a Hong Kong-based private company incorporated in February 2025. The acquisition was completed via a Share Transfer Instrument on April 1, 2026, for a cash consideration of INR 10,000. The target company is engaged in general trading, export-import activities, international trade of goods, sourcing and distribution, and cross-border merchant trading. The acquired entity has had NIL turnover since its incorporation. This acquisition is intended to expand Lexoraa Industries' international trade operations and cross-border merchant trading capabilities. The transaction is not a related party transaction and does not require any governmental or regulatory approvals. The deal is expected to complete within 15 days.
The acquisition is strategically significant as it marks Lexoraa Industries' entry into international trading through a Hong Kong entity. However, given the small consideration amount (INR 10,000) and the target company's zero turnover, the immediate financial impact on Lexoraa Industries' financials is negligible. The deal signals management's intent to expand beyond its current business lines into global trade operations.