Prataap Snacks completes acquisition of RLOP Food Processing
DIAMONDYD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prataap Snacks has completed the 100% acquisition of RLOP Food Processing Private Limited on August 28, 2026 for about Rs. 15.44 crores in cash. The target firm is in food processing but has not yet started operations. It holds government-allotted leasehold land in Madhya Pradesh, which Prataap Snacks plans to use for a new Greenfield manufacturing project. RLOP is now a wholly-owned subsidiary. The deal is not a related party transaction and no regulatory approvals were needed.
Adds a wholly-owned subsidiary with land for a new Greenfield plant. Small deal size, limited immediate financial impact, but supports future capacity expansion.