Acquisitions14 Feb 2026, 05:48 pm
Hamps Bio Ltd. Approves Acquisition of HSDL Innovative Private Limited for INR 2,03,78,718.21
AI Summary
Hamps Bio Ltd., previously known as Hamps Bio Pvt. Ltd., has considered and approved the acquisition of 100% paid-up equity share capital of HSDL Innovative Private Limited for a total purchase consideration of INR 2,03,78,718.21 in cash. The acquisition will make HSDL Innovative Private Limited a Wholly Owned Subsidiary of Hamps Bio Ltd. The acquisition is expected to be completed within 60 days, and the Target Company is engaged in the business of freeze-drying food process and freeze-drying fruits, vegetables, herbs and ready to eat foods. The turnover of the Target Company during the last 3 financial years are as follow: 2022-23 Rs. 1,45,07,814.58/-, 2023-24 Rs. 1,84,96,852.58/- and 2024-25 Rs. 1,86,64,115.42/-.
Key Highlights
- Hamps Bio Ltd. has approved the acquisition of HSDL Innovative Private Limited for INR 2,03,78,718.21 in cash.
- The acquisition will make HSDL Innovative Private Limited a Wholly Owned Subsidiary of Hamps Bio Ltd.
- The acquisition is expected to be completed within 60 days.
- HSDL Innovative Private Limited is engaged in the business of freeze-drying food process and freeze-drying fruits, vegetables, herbs and ready to eat foods.
- The turnover of the Target Company during the last 3 financial years are as follow: 2022-23 Rs. 1,45,07,814.58/-, 2023-24 Rs. 1,84,96,852.58/- and 2024-25 Rs. 1,86,64,115.42/-.