V R Infraspace Limited — JV/Acquisition, 27-01-2025: Acquisition
27-01-2025 | 04:28 pm
27-01-2025 | 04:28 pm
V R Infraspace Limited has completed the acquisition of a 70% stake in Tradio Exim Private Limited, marking Tradio as a subsidiary. The acquisition, amounting to a cash consideration of ₹56,000, targets the agro/agri/food products sector, aiming for long-term investment benefits. Tradio, recently incorporated, reported a turnover of ₹38.96 lakh, and this strategic move is expected to enhance V R Infraspace's market position and operational synergies in the agro-business domain. The acquisition facilitates potential growth in manufacturing and trading operations in this sector.
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