Superior Industrial Enterprises Ltd Announces Share Swap Ratio for Demerger with MMG Realtech Private Limited

Superior Industrial Enterprises Ltd, formerly known as Superior Vanaspati Limited, has announced the share swap ratio for the demerger of its investment segment into MMG Realtech Private Limited. The decision was made in a Board meeting held on 30th May, 2025. The shareholders of the demerged company, Moon Beverages Limited, will receive either equity shares or preference shares in the resulting company, MMG Realtech Private Limited. The preference shares will have a coupon rate of 7% non-cumulative, a face value of Rs. 10 each, and a maximum tenure of 10 years. The redemption price will be determined by an IBBI Registered Valuer at the time of redemption. The equity shares issued on conversion of preference shares will rank pari-passu with the existing equity shares of the resulting company. This demerger will result in MMG Realtech Pvt. Ltd becoming the promoter company of Superior Industrial Enterprises Ltd, replacing Moon Beverages Limited.