Acquisitions23 Jun 2026, 04:28 pm
SVA India Ltd Acquires 100% Stake in Aussee Oats Milling Pvt Ltd
AI Summary
SVA India Ltd has increased its shareholding in Aussee Oats Milling Private Limited from 50% to 100%, making it a wholly-owned subsidiary. This transaction involved the transfer of 29,453,180 Equity Shares and 11,380,155 Preference Shares. Aussee Oats Milling, based in Sri Lanka, is engaged in manufacturing and exporting oats and oats-based products, with a turnover of USD 14,783,616.08 for FY 2025-26. The acquisition was completed on June 23, 2026, and was conducted at arm's length based on valuation reports.
Key Highlights
- SVA India Ltd now owns 100% of Aussee Oats Milling Private Limited.
- Aussee Oats Milling becomes a wholly-owned subsidiary.
- Acquisition involves over 29 million equity and 11 million preference shares.
- Target company has a FY26 turnover of USD 14.78 million.
- Transaction completed on June 23, 2026.
Price Impact
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