Oswal Greentech Limited — JV/Acquisition, 05-02-2025: Acquisition

Oswal Greentech Limited has acquired approximately 4.97% of Oswal Agro Mills Limited by purchasing 6,682,109 equity shares for a total of ₹46.17 crore, at ₹69 per share. This strategic move aims to increase the promoter's shareholding, thereby enhancing market confidence and strengthening the influence of the promoters within the entity. Despite the acquisition's lack of direct operational motives, it is expected to improve investor perception and provide greater strategic flexibility. The acquisition was carried out in the open market with cash consideration and does not require any regulatory approvals.