Agri-Tech (India) Ltd: Tapovan Paper & Board Mills Acquires 2.20% Stake in Agri-Tech via Scheme of Arrangement

Tapovan Paper & Board Mills Ltd, on behalf of Nath Securities Limited, Paresh Farms Private Limited, and Prabha Farms Private Limited, has acquired 2.20% stake in Agri-Tech (India) Ltd. The acquisition is pursuant to a scheme of arrangement and amalgamation under the Companies Act, 2013, involving Jeevan Farms Private Limited, Nath Securities Limited, Paresh Farms Private Limited, Prabha Farms Private Limited, and Wexford Trading Company Private Limited. The acquisition does not result in any change in the aggregate shareholding of the promoter and promoter group of Agri-Tech (India) Limited.