Clarification on Investor Presentation for the Quarter and Financial Year ended March 31, 2025.
SHBAJRG · price
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Shri Bajrang Alliance has issued a correction to its May 30, 2025 Investor Presentation for Q4/FY25. The original presentation incorrectly stated the company had 'acquired' Potful Biryani and was adding 27 outlets in Bangalore, Chennai, and Hyderabad. The company clarifies that the arrangement is only a strategic business tie-up to sell its 'Goeld' range of products through Potful Biryani's outlets, with no equity investment or acquisition involved. A revised investor presentation is being filed with the exchange.
This is a transparency-driven correction, not negative news. Retail investors should note that no acquisition of Potful Biryani has occurred, so the earlier presentation was misleading. The underlying distribution tie-up remains in place, but shareholders should rely only on the revised presentation.