ALPHA TRIBE

Parvati Sweetners and Power LtdImportant, 30-05-2026: Company Update

30-05-2026 | 09:45 pm

Parvati Sweetners and Power's board approved financial results for the quarter and year ended March 31, with the company reporting a net loss of ₹13.05 Cr for the full year. Additionally, the board approved the acquisition of a 51% equity stake in Vedshree Food Industries Private Limited for approximately ₹6 Cr. This strategic move into Compressed Bio Gas (CBG) aims to diversify the company's business into the renewable energy sector and support long-term growth. The Share Purchase Agreement for this acquisition has been executed.

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