
Acquisitions13 Aug 2026, 07:41 pm
Virat Industries to Acquire 70.28% Stake in Brahm Lifestyle Products
AI Summary
Virat Industries Limited's Board of Directors has approved a proposal to acquire a 70.28% equity stake in Brahm Lifestyle Products Private Limited. This acquisition is considered a Related Party Transaction as Brahm Lifestyle Products belongs to the Promoter Group. The transaction is subject to necessary statutory, regulatory, and other approvals. The Board also approved the standalone un-audited financial results for the quarter ended June 30, 2026, and a Policy for Determining Material Subsidiaries. The meeting was held on August 13, 2026.
Key Highlights
- Board approves acquisition of 70.28% stake in Brahm Lifestyle Products.
- Acquisition is a Related Party Transaction, subject to approvals.
- Standalone un-audited financial results for Q1 FY27 approved.
- Policy for Determining Material Subsidiaries adopted.
Price Impact
More from VIRAT