ALPHA TRIBE

Worth Peripherals LimitedJV/Acquisition, 04-08-2026: Acquisition

04-08-2026 | 04:33 pm

Worth Peripherals has converted an outstanding loan of ₹30 Cr into equity shares of its wholly-owned subsidiary, Worth Wellness Private Limited, maintaining a 100% stake. This move strengthens Worth Wellness, which recently commenced commercial production at its new, state-of-the-art corrugated packaging facility. This expansion significantly boosts manufacturing capabilities and operational efficiency, marking a major growth milestone. The new facility, among India's largest, focuses on sustainable practices, enhancing the company's market position and product quality.

No comments yet. Be the first to comment!

All announcements from Worth Peripherals Limited