Nagarjuna Agri Tech Ltd — Important, 20-03-2026: Company Update

Nagarjuna Agri-Tech has completed the acquisition of Allenby Food & Beverages, making it a 100% subsidiary. This involved allotting 2.12 Cr new equity shares at Rs. 68 each, totaling Rs. 144.74 Cr, through a 15:1 share swap for Allenby's 14.19 lakh shares. Allenby, a food and beverages company specializing in ready-to-eat products, reported a net worth of Rs. 48.73 Cr and FY25 turnover of Rs. 52.96 Cr. This strategic move diversifies Nagarjuna's business into the food industry. Separately, the previously appointed CEO's resolution was cancelled due to medical grounds, leaving the position vacant.