Addi Industries: Acquirer to Buy 74.27% Stake from Promoters for Rs. 74.40/- per Share

Addi Industries Ltd. has announced that a Share Purchase Agreement (SPA) has been signed between the Specified Promoters and the Acquirer on 20.05.2025. The Acquirer proposes to acquire up to 80.18.173 equity shares representing 74.27% of the paid-up share capital of the Company for a consideration of Rs. 74.40/- per share. This transaction will result in a change in the management and control of the Company. The existing promoter/promoter group will cease to be in control, and the process for their declassification will be initiated. The Board of Directors and Key Managerial Personnel will also undergo changes.