Acquisitions13 Jan 2026, 07:32 pm
NAPS Global India Ltd Acquires Mercaze Private Limited, Resulting in a Subsidiary
AI Summary
NAPS Global India Ltd has acquired 90.91% of the share capital of Mercaze Private Limited on December 30, 2026, making Mercaze a subsidiary of NAPS Global India Ltd. The acquisition was completed for a consideration of Rs. 1,00,00,000. Mercaze Private Limited is engaged in a comprehensive range of textile-related activities, including the manufacturing, designing, and processing of garments and other textile products, and the trading, importing, and exporting of fabrics, yarns, threads, and allied goods.
Key Highlights
- NAPS Global India Ltd has acquired 90.91% of Mercaze Private Limited's share capital.
- The acquisition was completed for a consideration of Rs. 1,00,00,000.
- Mercaze Private Limited is engaged in various textile-related activities.
- The acquisition will help NAPS Global India Ltd to expand its business operations, drive growth, increase revenue, and enhance market share.
- Mercaze Private Limited has become a subsidiary of NAPS Global India Ltd.
Price Impact
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