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Grob Tea Company has completed the 100% acquisition of Bazaloni Group Limited for Rs 72.16 Cr. Bazaloni, a prominent tea manufacturer with a turnover of Rs 52.78 Cr and a net profit of Rs 6.88 Cr in FY26, now becomes a Wholly Owned Subsidiary. This strategic move is set to significantly expand and strengthen Grob Tea's operations, enhance its market presence in the tea industry, and drive future growth, revenue, and profitability. Investors can look forward to a bolstered product portfolio and increased market reach.