Anik Industries Limited — JV/Acquisition, 17-06-2026: Acquisition

Anik Industries, along with its subsidiary Revera Milk and Foods, has acquired a 50% stake in Best Season Developers LLP for a total of Rs. 40.47 Cr. This strategic acquisition is set to expand Anik's real estate business. Best Season Developers LLP is a new joint venture focused on developing integrated townships. This move immediately bolsters Anik's presence in the real estate sector, diversifying its portfolio through a direct investment in property development. The deal was completed through the transfer of advances.