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

Nagarjuna Agri-Tech has completed the acquisition of Allenby Food & Beverages Private Limited, making it a 100% subsidiary. This was done via a share swap, issuing 2.13 crore new equity shares at Rs. 68 each, valuing the acquisition at approximately Rs. 144.74 crore. Allenby, specializing in ready-to-eat products, reported a turnover of Rs. 52.96 crore in FY25. This move diversifies Nagarjuna's business into the food industry and aims to enhance shareholder value. Separately, Mr. Biswanath Bhattacharya will not assume the CEO role due to medical reasons, leaving the position vacant.