
Board Meeting1 Aug 2026, 11:00 pm
Prataap Snacks Board Approves Q1 FY27 Results, Acquisition
AI Summary
Prataap Snacks Limited's Board of Directors met on August 1, 2026, approving the unaudited financial results for the quarter ended June 30, 2026. The board also approved the acquisition of 100% of RLOP Food Processing Private Limited for up to ₹16.50 Crores. Additionally, the company approved the reclassification of certain promoter category members to the public category, the allotment of equity shares under its ESOP plan, and granted stock appreciation rights. Re-appointments of the Managing Director and CEO, and an Executive Director were also approved, subject to shareholder consent.
Key Highlights
- Unaudited financial results for Q1 FY27 declared.
- Acquisition of RLOP Food Processing for up to ₹16.50 Crores approved.
- Promoter reclassification requests approved.
- ESOP allotment and grant approved.
- Re-appointment of MD & CEO and Executive Director approved.
Price Impact
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