Acquisitions30 Dec 2025, 05:46 pm
Nagarjuna Agri-Tech Seeks Extension to Complete Kathleen Acquisition
AI Summary
Nagarjuna Agri-Tech Ltd. has sought an extension of time to complete the acquisition of Kathleen Confectioners and Kathleen Food Private Limited. The acquisition, initially approved in March and June 2025, was expected to be completed by December 31, 2025. However, due to unforeseen circumstances and procedural requirements, the completion could not be finalized within the specified timeline. The company has now approved an extension of the indicative time period to complete the process of acquisition of both the Partnership Firm and the Company from on or before December 31, 2025 to on or before January 31, 2026.
Key Highlights
- Nagarjuna Agri-Tech seeks extension to complete Kathleen acquisition
- Acquisition includes Kathleen Confectioners and Kathleen Food Private Limited
- Initial timeline for completion was December 31, 2025
- Extension approved up to January 31, 2026
- Company taking necessary steps to complete the transaction within the revised extended timeframe