Board approves 6.25% stake in Ficus Food Lab for about Rs 6 crore
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The board approved buying 71,857 Ficus Food Lab shares, or 6.25%, via private placement for Rs 835 per share, about Rs 6 crore cash. The related-party deal involves promoters and group firms and is stated to be at fair market terms based on valuation. Ficus makes packaged foods. FY26 turnover was Rs 14.71 crore, up from Rs 5 crore in FY25. Funds will support operations, future capacity and working capital. Completion is expected within a month.
Adds exposure to a growing food business, but the 6.25% stake gives limited control. A Rs 6 crore promoter-linked deal may face shareholder scrutiny.