Prataap Snacks Limited — Important, 26-02-2025: General Updates

Authum Investment and Infrastructure Limited has executed a Share Purchase Agreement to acquire a significant stake in Prataap Snacks Limited. The transaction, which includes the Open Offer to public shareholders, resulted in Authum securing 1,13,48,709 equity shares, equating to 47.54% of the company's equity share capital. This acquisition marks a strategic shift for Prataap Snacks, as it will transform into an associate company of Authum. Investors should monitor this development closely, as it could lead to strategic realignments and growth opportunities within the company moving forward.