V R Infraspace Limited — Important, 01-01-2025: Updates

The Board of Directors has decided to acquire 70% equity shares of Tradio Exim Private Limited for a total cash consideration of ₹56,000. This acquisition marks Tradio Exim as a subsidiary of V R Infraspace Limited, specializing in the agro/agri/food products sector, covering activities from manufacturing to trading and warehousing. Tradio Exim reported a turnover of ₹38.96 lakh, reflecting its operational capacity within the market. The acquisition is expected to enhance the company's portfolio in agro-products, with plans to expand into processing, storage, and marketing operations. This move opens avenues for growth and diversification into the food sector, signaling a positive outlook for investors seeking exposure to agro-based industries. Completion of the acquisition is anticipated within one month.