Innovana Thinklabs Acquires 0.30% Stake in Mount Everest Breweries

Innovana Thinklabs Limited announced that its Board of Directors has approved the acquisition of a 0.30% equity stake in Mount Everest Breweries Limited. The acquisition involves the purchase of 1,36,987 equity shares at ₹219 per share, for a total cash consideration of ₹3,00,00,153. This strategic financial investment aims to create long-term value and diversify the company's investment portfolio, without acquiring control or management rights. The transaction is expected to be completed within one month.