Acquisition |
| Name of acquirer* | V R Infraspace Limited |
| Relationship of acquirer with the listed entity* | Listed Entity (self) |
| Details of other relation with acquirer | |
| Name of the target entity | Tradio Exim Private Limited (hereinafter referred to as “TEPL”) |
| Latest financial parameter of target entity |
| Turnover ( In crore)* | 2.94 |
| PAT ( In crore)* | 0.15 |
| Networth ( In crore)* | 0.12 |
| Other | |
| Whether the acquisition would fall within Related Party Transaction(s)?* | No |
| Date of board meeting in which RPT approval taken | |
| Date of audit committee meeting in which RPT approval taken | |
| Whether the said RPT is material?* | |
| Date of approval from shareholders | |
| Whether the promoter / promoter group / group / associate / holding / subsidiary companies / Director&KMP and its relatives have any interest in the entity being acquired?* | Yes |
| Nature of interest and details thereof | V R Infraspace Limited is Holding company of TEPL. Mrs. Nilam Sojitra, Member of Promoter Group is Director of TEPL. |
| Whether the same is done at “arms length”?* | Yes |
| Whether special resolution is passed/proposed? | |
| Date of Special Resolution | |
| Industry to which the entity being acquired belongs* | The entity operates in the agricultural and consumer goods sector. It is involved in the production, processing, and distribution of food grains and fast-moving consumer goods (FMCG). |
| Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)* | The proposed investment in TEPL aims to strategically expand V R Infraspace Limited’s presence in the agricultural and consumer goods sector, particularly in food grains and FMCG products. While the Company’s primary business lies in infrastructure, this investment provides an opportunity to diversify into a high-growth sector, strengthen the subsidiary’s capital base, enhance operational efficiencies, and leverage market opportunities. The investment is expected to create synergies between the Company and the subsidiary, support long-term growth, and contribute positively to the overall financial performance of the Company. |
| Whether any governmental or regulatory approvals required for the acquisition?* | NA |
| Provide brief details of any governmental or regulatory approvals | |
| Whether the transaction will be in tranches* | Yes |
| Indicative time period for completion of the acquisition* | Within four months from the date of Board approval. |
| Nature of consideration- whether cash consideration or share swap and details of the same* | Cash |
| Details of consideration | Cash consideration of up to INR 5 crore |
| Cost of acquisition or the price at which the shares are acquired (Total value) ( Rs in Crore)* | 5 |
| Existing percentage of shareholding held by acquirer* | 70% |
| Percentage of Control acquired | |
| Percentage of shares acquired (additional, if existing holding persists) | |
| Brief background about the entity acquired in terms of products/line of business acquired* | Agro/agri/food products, Food grains & FMCG |
| Date of incorporation | 09-02-2024 |
| History of last 3 years turnover | Year Description
(YYYY-YY) | Amount of turnover
(In Crore)) |
| 1st Previous year turnover | | |
| 2nd Previous year turnover | | |
| 3rd Previous year turnover | | |
| Country in which the acquired entity has presence* | India |
| Any other significant information (in brief) | The Board of Directors of the Company, in their meeting held on Tuesday, September 02, 2025, has approved a proposed additional investments in the equity shares of its Subsidiary Company, Tradio Exim Private Limited, for an amount upto INR 5 Crores (Rupees Five Crores) from time to time in one or more tranche(s), subject to necessary approvals, as applicable. |