Divestment13 Apr 2026, 07:01 pm
Roni Households Divests 0.58% Stake in Roni Agro for ₹3.49 Lakh
AI Summary
Roni Households Ltd. has sold 29,066 equity shares, representing 0.58% of the paid-up capital of its associate, Roni Agro Limited, to various buyers for a total consideration of ₹3,48,792. This transaction reduces Roni Households' shareholding in Roni Agro from 44.76% to 44.17%. In the last financial year, Roni Agro contributed 54.63% to Roni Households' consolidated turnover and 31.25% to its consolidated net worth. The sale is expected to be completed by April 13, 2026, and none of the buyers belong to the promoter or related party group.
Key Highlights
- Roni Households sold 29,066 equity shares (0.58%) of Roni Agro Limited.
- The company's stake in Roni Agro reduced from 44.76% to 44.17%.
- Total consideration received from the sale was ₹3,48,792.
- Roni Agro contributed 54.63% to consolidated turnover and 31.25% to net worth.
- The buyers are not part of the promoter or related party group.
Price Impact
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