ALPHA TRIBE

Innovana Thinklabs LimitedJV/Acquisition, 21-07-2026: Acquisition

21-07-2026 | 07:18 pm

Innovana Thinklabs has approved acquiring a 0.30% equity stake in Mount Everest Breweries Limited for ₹3.00 Cr. This move is a strategic financial investment, aiming to create long-term value and diversify Innovana's investment portfolio. Mount Everest Breweries, engaged in beer manufacturing and marketing, reported a total revenue of ₹1020.58 Cr for FY 2025-26. This acquisition allows Innovana to participate in the growth of the breweries sector without acquiring control or management rights.

No comments yet. Be the first to comment!

All announcements from Innovana Thinklabs Limited