StockWatch
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Packaged Foods
Acquisitions25 Aug 2026, 08:01 pm

Prataap Snacks Acquires 99.95% of RLOP Food Processing

AI Summary

Prataap Snacks Limited has acquired 99.95% of the equity share capital of RLOP Food Processing Private Limited, making it a subsidiary. The company is in the process of acquiring the remaining 0.05% to make RLOP Food Processing a wholly-owned subsidiary. This update follows previous communications regarding the proposed acquisition, with the initial details provided on August 1, 2026. The acquisition is in accordance with the terms of the Share Purchase Agreement.

Key Highlights

  • Prataap Snacks acquired 99.95% of RLOP Food Processing.
  • RLOP Food Processing is now a subsidiary of Prataap Snacks.
  • The company aims to acquire the remaining 0.05% shortly.
  • The acquisition aligns with the Share Purchase Agreement terms.