NAPS Global India Ltd — Important, 13-01-2026: Company Update

NAPS Global India Limited has acquired 10 lakh equity shares, representing a 90.91% stake in Mercaze Private Limited, making it a subsidiary. The acquisition cost was 1 Crore in cash. Mercaze, with a paid-up capital of 1.10 Crore and NIL turnover since its incorporation last year, operates in manufacturing, trading, and dealing in garments and textiles. This strategic move aims to significantly expand NAPS Global India's business operations, driving growth, increasing revenue, and enhancing market share in its core textile-related business. The transaction involves interest from the company's promoter/promoter group.