At meeting held on 04 February 2021
The Board of Prataap Snacks at its meeting held on 04 February 2021 has approved the acquisition of further 10.48% of paid-up equity share capital of Avadh Snacks (Avadh), the subsidiary, for an aggregate value of Rs. 33 crore.At present, the Company hold 80% of paid-up equity share capital of Avadh. Post aforesaid acquisition, the holding of the Company in Avadh will increase to 90.48% of paid-up equity share capital.
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