R M Drip and Sprinklers Systems Ltd to Acquire Brahmanand Pipes Private Limited for Approximately Rs. 10,00,000

R M Drip and Sprinklers Systems Ltd has announced a proposed acquisition of Brahmanand Pipes Private Limited (BPPL). The acquisition, which does not fall under related party transaction, is strategically aimed to manufacture a new range of products to meet the growing demand. The total consideration for the acquisition is approximately Rs. 10,00,000, and the company will acquire 1,00,000 Equity Shares of Rs. 10/- each, thereby holding 100% Equity share capital of BPPL. BPPL, incorporated on 06/03/2025, is a private limited company engaged in the manufacture, storage, and distribution of pipes and related products. The transaction is expected to be completed within 30 days of this announcement.