Goyal Salt Limited — JV/Acquisition, 18-06-2026: Acquisition

Goyal Salt is setting up a new subsidiary, Goyal Foods Industries Private Limited, to bolster its core business. Goyal Salt will hold a 51% controlling stake in the new entity, which will also focus on salt production and refining. The initial investment by Goyal Salt for this stake is Rs. 0.051 Cr. This move signifies a strategic business expansion, aiming to strengthen the company's operational footprint and product portfolio within its existing sector. The new subsidiary aligns directly with Goyal Salt's manufacturing focus, indicating internal growth.