Parvati Sweetners and Power Ltd — Important, 30-05-2026: Company Update

Parvati Sweetners has executed an agreement to acquire a 51% equity stake in Vedshree Food Industries Private Limited. Vedshree, incorporated in 2024 with a paid-up capital of 0.01 Cr, operates in the renewable energy sector, focusing on Compressed Bio Gas. This acquisition, valued at approximately 6 Cr for the 51% stake, aligns with Parvati Sweetners' strategy to expand its presence and diversify into the renewable energy market, supporting long-term growth. The deal, a related party transaction, was undertaken at arm's length. Completion is expected within six months.