ZUARI INDUSTRIES LIMITED — JV/Acquisition, 13-08-2026: Acquisition

Zuari Industries is consolidating its investment portfolio. The company will acquire equity shares of Texmaco Infrastructure & Holdings Limited (TIHL) for up to Rs 150 Cr and Zuari Agro Chemicals Limited (ZACL) for up to Rs 30 Cr. These acquisitions are cash transactions from its wholly-owned subsidiaries, aiming to streamline investments at the listed holding company. TIHL is in Real Estate, Mini Hydel Power, and Investments, while ZACL operates in Fertilizers. The overall promoter group shareholding in both TIHL (66.55%) and ZACL (65.21%) will remain unchanged post-acquisition.