Prataap Snacks Ltd

Authum Investment & Infrastructure Ltd has disclosed a substantial acquisition of shares in Prataap Snacks Limited. The acquirer now holds 1,10,22,600 equity shares, representing 46.11% of the total share capital. This acquisition was made through market purchases, with the shares acquired being ordinary equity shares. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The transaction details indicate a significant increase in Authum Investment's stake, moving from a previous holding of 1,10,14,501 shares (46.08%) to the current 46.11%. The acquisition date is noted as June 25, 2026, with the total diluted share capital of Prataap Snacks Limited being 2,39,03,546 shares.

Authum Investment & Infrastructure Ltd has disclosed an increase in its shareholding in Prataap Snacks Limited. Following the acquisition, Authum Investment's stake has risen from 45.87% to 46.08%. The acquisition involved market purchases of ordinary equity shares. The total number of shares held by Authum Investment & Infrastructure Ltd now stands at 1,10,14,501.

Authum Investment & Infrastructure Ltd. has increased its shareholding in Prataap Snacks Ltd. to 45.87% through market purchases. The acquisition involved the purchase of 1,36,545 shares. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Prataap Snacks Ltd's Board of Directors met on April 27, 2026, to approve the audited financial results for the quarter and year ended March 31, 2026. The Board also recommended a final dividend of ₹0.50 per equity share (10%) for FY26, subject to shareholder approval at the ensuing Annual General Meeting. Additionally, the allotment of 6,981 equity shares to eligible employees under the Prataap Employees Stock Appreciation Rights Plan 2018 was approved. The statutory auditor, BSR & Co. LLP, issued an unmodified opinion on the financial results.

Prataap Snacks Ltd's Board of Directors approved the Audited Financial Results for the quarter and year ended March 31, 2026. The board also recommended a final dividend of ₹0.50 per equity share (10%) for the financial year 2025-26, which is subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the company approved the allotment of 6,981 equity shares under its Prataap Employees Stock Appreciation Rights Plan 2018 (ESARP 2018). The financial results were accompanied by an Auditor's Report with an unmodified opinion from BSR & Co. LLP.

Prataap Snacks Ltd has announced that its Board of Directors will convene a meeting on Monday, April 27, 2026. The primary agenda includes considering and approving the Audited Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the board will discuss a proposal for the recommendation of a dividend, if any, for the financial year 2025-26. In compliance with insider trading regulations, the trading window for designated persons has been closed from April 1, 2026, and will reopen 48 hours after the financial results are published.

Prataap Snacks Limited has received an Assessment Order dated March 26, 2026, passed under Section 143(3) read with Section 144B of the Income-tax Act, 1961, along with a Notice of Demand dated March 26, 2026, issued under Section 156 of the Act. The assessment is in respect of scrutiny assessment for Assessment Year 2024-25. The total tax demand including interest stands at INR 15,36,16,600. The Company believes that it has adequate factual and legal grounds to substantiate its position in the matter and expects the demand to subside. There is no impact on financial operations or other activities of the Company.

Authum Investment & Infrastructure Ltd has acquired 44% stake in Prataap Snacks Ltd through market purchase. The acquisition was made through 80,000 equity shares at a price of Rs. 5/- each. The equity shares do not carry any special rights or salient features. The total equity share capital of Prataap Snacks Ltd before and after the acquisition is Rs. 11,95,04,645 (Eleven Crore Ninety-five Lakh Four Thousand Six Hundred Forty-Five).

According to a disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Authum Investment & Infrastructure Ltd has acquired 1,60,000 shares of Prataap Snacks Ltd. This represents 0.67% of the total voting capital of Prataap Snacks Ltd, both before and after the acquisition. The acquired shares have a face value of Rs. 5/- each and do not carry any special rights or salient features. The acquisition was made through market purchase and the total diluted share/voting capital of Prataap Snacks Ltd after the acquisition remains at Rs. 11,95,04,645 (Eleven Crore Ninety-five Lakh Four Thousand Six Hundred Forty-Five).

Authum Investment & Infrastructure Ltd has acquired 0.11% shares in Prataap Snacks Ltd through market purchase. The acquisition took place on March 23, 2026, with the receipt of intimation of allotment of shares. The equity shares acquired are ordinary shares having a face value of Rs. 5/- each and do not carry any special rights or redemption features.