Announced Thu, 27 Aug · 19:32 IST
Prime Fresh acquires 15 lakh shares in associate Florens Fresh
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹168.90
prior close
₹169.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+1.3+1.3-2.1-0.2+1.2+4.8+5.1+3.0+0.1-5.9———
Up moveDown movePending
AI summary
Prime Fresh Limited has acquired 15,00,000 equity shares of its associate company Florens Fresh Supply Solutions Pvt Ltd at Rs 20.75 per share (face value Rs 10), totaling about Rs 3.11 crore in cash. This is a related party transaction done at arm's length with independent valuation. Florens Fresh, in the agri supply chain business, reported turnover of Rs 36.36 crore in FY26. The acquisition aims to fund business development and expansion.
Likely market impact
Increases stake in associate Florens Fresh, strengthening fresh produce supply chain presence. Related party deal, so governance scrutiny applies.