Madhusudan Masala Limited — JV/Acquisition, 22-02-2025: Acquisition

Madhusudan Masala Limited is set to acquire a 100% stake in Madhusudan Agri Processing and Cold Storage Private Limited, amounting to a total payment of ₹7.00 crore (Cr). This strategic move aligns with the company's expansion goals within the food processing sector, enhancing its operational capabilities in agricultural processing and cold storage. Upon completion, expected within seven days, Madhusudan Agri will operate as a wholly-owned subsidiary, potentially increasing revenue streams and providing synergies in the existing business framework. The acquisition price reflects a valuation of ₹7,000.31 per share.