Hari Govind Int'l to Acquire Popees Baby Care via Share Swap

Hari Govind International Ltd's board approved a proposed strategic acquisition of Popees Baby Care Products Ltd through a share swap arrangement. The indicative share swap ratio is approximately 1.3:1, subject to final valuation and regulatory approvals. The Audit Committee is authorized to finalize the valuation reports, share swap ratio, and the Share Subscription and Share Purchase Agreement (SSPA). Post-transaction, the promoter shareholding will remain within regulatory limits, with no change in control or management.