Bharti Overseas Acquires 18.29% Stake in Sundrop Brands via Scheme of Arrangement

Bharti Overseas Private Limited (BOPL) has acquired 18.29% stake in Sundrop Brands Limited (formerly known as Agro Tech Foods Limited) through a Composite Scheme of Arrangement. The acquisition took place on January 20, 2026, following the approval of the Chandigarh Bench of the National Company Law Tribunal on October 17, 2025. The acquisition resulted in the transfer of 68,98,877 equity shares of Sundrop Brands Limited to BOPL. The total equity share capital of Sundrop Brands Limited before and after the acquisition remained the same at INR 37,69,68,530 (3,76,96,853 equity shares of INR 10 each). However, the total diluted share/voting capital of the company increased from INR 37,69,68,530 to INR 39,16,57,640 due to the acquisition.