K. V. Toys India to Acquire 50% Stake in Play Panda

K. V. Toys India Ltd's Board of Directors has approved a proposal to acquire a 50% equity stake in Play Panda Private Limited. This strategic acquisition, valued up to ₹4.5 crore payable in tranches, aims for horizontal integration, expanding K. V. Toys' market share and product portfolio in the educational toys and early-childhood development aids sector. The transaction is subject to due diligence and definitive agreements, with completion expected within three months. Play Panda, incorporated on May 29, 2026, operates in the premium, screen-free educational toys, STEM learning aids, and board games segment. This acquisition is an arm's length transaction with no related party involvement.