NHC Foods to Acquire Lotmor Brands, Walya's Beverages

NHC Foods Limited has announced plans to acquire controlling stakes in Lotmor Brands Private Limited (up to 88%) and Walya's Beverages Private Limited (up to 80%). The acquisitions, priced at Rs. 6.50 per share (cash or share-swap), aim to expand NHC Foods' presence in the food and beverage sector. Lotmor Brands reported FY25 turnover of Rs. 1.80 crore, and Walya's Beverages reported Rs. 0.22 crore in FY25. These moves strategically position NHC Foods within India's growing carbonated beverage market, projected to reach ₹2 lakh crore by FY28. Additionally, Mr. Suryakant Dhondu Walavalkar has been appointed as Additional Director, designated as Executive Director.