Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that there has been a change in the shareholding structure ....
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Valencia Nutrition Ltd's wholly-owned subsidiary Valencia Beverages & Superwater Pvt Ltd (VBSWPL) issued 30 lakh fresh equity shares at Rs. 10.54 each (Rs. 0.54 premium) to promoter and Managing Director Mr. Manish Turakhia. As a result, Valencia Nutrition's stake in the subsidiary dropped from 100% to about 75%, and VBSWPL ceased to be a wholly-owned subsidiary but remains a subsidiary. VBSWPL is in the FMCG/beverages business, was incorporated in June 2025, posted a turnover of about Rs. 2 crore for FY26, and has a net worth of around Rs. 9.5 crore. The allotment was carried out at arm's length with a registered valuer's report, and the funds are intended for the subsidiary's growth and expansion.
The promoter is personally investing in the subsidiary, showing confidence in the beverages business, but the listed company has lost full control of the subsidiary. Shareholders should note that future earnings contribution from VBSWPL will now be shared with the promoter, though the cash infusion may support faster growth in the new segment.