Acquisitions8 Dec 2025, 05:01 pm
Sonalis Consumer Products Ltd to Acquire 100% Stake in Holkar Somnath Milk & Agro Products Pvt. Ltd for Rs. 17.00 Crore
AI Summary
Sonalis Consumer Products Ltd has entered into a Memorandum of Understanding (MOU) with Holkar Somnath Milk & Agro Products Pvt. Ltd for the acquisition of 100% stake. The Target Company is an Indian private limited company, incorporated on January 20, 2017, and is engaged in the business of Milk Procurement & Processing, Milk Pouching, Curd, Lassi, Chaas, Paneer, Ghee, Cattle Feed, RO Packaged Drinking Water. The acquisition is expected to be completed within 06 months from the date of signing of the MOU. The consideration for the acquisition is Rs. 17.00 Crore, and Sonalis will acquire 42,50,000 equity shares of the Target Company.
Key Highlights
- Sonalis Consumer Products Ltd to acquire 100% stake in Holkar Somnath Milk & Agro Products Pvt. Ltd
- Target Company is engaged in the business of Milk Procurement & Processing, Milk Pouching, Curd, Lassi, Chaas, Paneer, Ghee, Cattle Feed, RO Packaged Drinking Water
- Consideration for the acquisition is Rs. 17.00 Crore
- Sonalis to acquire 42,50,000 equity shares of the Target Company
- Acquisition expected to be completed within 06 months from the date of signing of the MOU