Announced Thu, 13 Aug · 19:38 IST
Virat Industries to acquire 70.28% stake in Brahm Lifestyle for Rs 95 cr
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
—1-day move
₹354.20
prior close
₹354.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+4.2————————————
Up moveDown movePending
AI summary
Virat Industries board approved acquiring 70.28% controlling stake in Brahm Lifestyle Products (BLPPL), a promoter group firm in wellness, lifestyle, food retail and hospitality, for about Rs 95 crore cash at Rs 27 per share. BLPPL reported FY26 turnover of Rs 4.94 crore. Deal is a related party transaction needing shareholder approval, expected to close in 4 months. Q1 FY27 PAT rose sharply to Rs 2.13 crore from Rs 88 lakh YoY on revenue of Rs 9.46 crore.
Likely market impact
Diversifies into wellness and lifestyle via promoter group acquisition; related party deal needs shareholder nod; Q1 earnings sharply higher.