Worth Peripherals Limited — Board Meeting, 27-12-2024: Outcome of Board Meeting

The Board of Directors of Worth Peripherals Limited has met and decided to acquire 8,10,000 equity shares of its subsidiary, Worth Wellness Private Limited, from existing shareholders. This acquisition will increase Worth Peripherals' holding in Worth Wellness from 91% to 100%, making it a wholly owned subsidiary. The shares are being acquired at a fair value of ₹10 per share, with the transaction set to complete shortly. The strategic aim is to streamline their business operations in corrugated box manufacturing and related areas.