
CIAN Agro Industries Acquires 100% Stake in Sec-One Sales & Marketing, Becoming Wholly Owned Subsidiary
CIAN Agro Industries & Infrastructure Ltd has acquired 100% stake in Sec-One Sales & Marketing Private Limited, a company incorporated under the Companies Act, 1956 on 16.04.2009. Sec-One is engaged in the business of distributors, sale, purchase, supply, dealers, trader, or organizer of sales and marketing of commodities, of various types including sugar, sugarcane, molasses, jiggery etc. The company has a paid-up share capital of Rs. 1,00,000/- as on date and the turnover of the company for the financial year ended 31st March, 2025 is Rs. 389,915,760.47/ -. This acquisition is made for expanding the business of CIAN and to increase the distribution coverage of its products, both in the existing markets as well as improve the growth and developing fast-growing channels.
Key Highlights
- CIAN Agro Industries & Infrastructure Ltd has acquired 100% stake in Sec-One Sales & Marketing Private Limited
- Sec-One Sales & Marketing Private Limited is engaged in the business of distributors, sale, purchase, supply, dealers, trader, or organizer of sales and marketing of commodities
- The acquisition is made for expanding business and increasing distribution coverage
- Sec-One Sales & Marketing Private Limited has a paid-up share capital of Rs. 1,00,000/- and a turnover of Rs. 389,915,760.47/ - for the financial year ended 31st March, 2025