StockWatch
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Other Agricultural Products
Acquisitions5 Nov 2026, 10:35 am

Pajson Agro Acquires Pacific Global for ₹354.52 Cr via Share Swap

AI Summary

Pajson Agro India Limited has announced a strategic acquisition of a 100% equity stake in Pacific Global FZCO, Dubai, for a total consideration of ₹354.52 crore, to be discharged entirely through a share swap. This acquisition of Pacific Global, which has a 60,000 MT cashew processing capacity in Côte d’Ivoire, marks Pajson Agro's transition from an India-based processor to a global, origin-integrated cashew platform. The combined processing capacity will increase to 1,13,000 MT. Pacific Global reported a turnover of AED 40.32 million (₹104.18 crore) for January-August 2026. The company's Board also approved the Pajson Agro Employee Stock Option Scheme 2026 (ESOS 2026) and an increase in authorized share capital.

Key Highlights

  • Acquires 100% stake in Pacific Global FZCO, Dubai for ₹354.52 Cr.
  • Transaction is an all-stock deal via preferential share issue.
  • Increases total processing capacity to 1,13,000 MT.
  • Acquisition marks strategic shift to global, origin-integrated platform.
  • Board also approves ESOS 2026 and capital increase.