Chambal Breweries & Distilleries Ltd — Updates, 31-05-2025: Company Update

Invade Agro Limited has announced a board meeting to approve an open offer for acquiring up to 19.47 lakh equity shares (26% stake) in Chambal Breweries and Distilleries at ₹6 per share, aggregating ₹1.17 Cr, following a share purchase agreement to buy 12.04 lakh shares (16.08%) at ₹5.50 each from promoters. This move will reclassify Invade Agro as a promoter, increasing its control and influence over Chambal Breweries. The offer is cash-funded, not conditional on minimum acceptance, and does not intend to delist the company.