S Chand And Company Limited — JV/Acquisition, 07-02-2025: Acquisition

S Chand And Company Limited will acquire the remaining 49% stake in BPI (India) Private Limited, making it a wholly-owned subsidiary. The total cost for this acquisition is INR 4.16 crore, purchasing 661,362 equity shares. BPI, with a current turnover of INR 3 crore, specializes in children's publishing, offering diverse genres such as fiction, non-fiction, and fantasy. This strategic acquisition aims to enhance S Chand's portfolio of value-added products. The transaction is expected to close by March 31, 2025.