Nahar Industrial Enterprises Acquires 100% of Emerald Logipark

Nahar Industrial Enterprises Limited (NIEL) has acquired 100% of the equity shares of Emerald Logipark Private Limited. The acquisition was made at par value, with 10,000 equity shares of Rs. 10 each acquired for a total consideration of Rs. 1,00,000. Emerald Logipark Private Limited was incorporated on March 30, 2026, with an authorized and paid-up share capital of Rs. 1,00,000. The target company's business is warehousing and storage, and it has not yet commenced operations, reporting nil turnover. The acquisition is considered a related party transaction as Emerald Logipark is a promoter group company, but it was conducted at arm's length.