StockWatch
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Other Agricultural Products
Divestment27 Aug 2026, 04:16 pm

Mangalam Seeds Sells 50% Stake in Kena Print Pack for ₹1.5 Cr

AI Summary

Mangalam Seeds Ltd has executed a Retirement Deed to divest its entire 50% partnership stake in Kena Print Pack for an aggregate cash consideration of ₹1,50,00,000. This transaction, effective August 27, 2026, results in Mangalam Seeds ceasing to be a partner in the firm. Kena Print Pack contributed 11.08% of turnover (₹12.43 Cr) and 4.21% of net worth (₹3.80 Cr) in FY26. The company is making this disclosure due to the materiality of the transaction, though the involved subsidiary is not material to the parent.

Key Highlights

  • Mangalam Seeds divests its entire 50% stake in Kena Print Pack.
  • Transaction value stands at ₹1.50 Crore in cash.
  • Kena Print Pack contributed 11.08% to turnover in FY26.
  • Company ceases to be a partner in the firm post-transaction.