Popees Baby Care India Acquisition Worth ₹508.8 Cr
Popees Baby Care India's board approved a share-swap acquisition of Popees Baby Care Products using equity shares and warrants. Shareholder approval is pending at an EGM.
- Value
- ₹508.8 Cr
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Popees Baby Care India's board approved a share-swap acquisition of Popees Baby Care Products using equity shares and warrants. Shareholder approval is pending at an EGM.
Popees Baby Care India Ltd approved the acquisition of 99.31% stake in Popees Baby Care Products Ltd via a share swap arrangement, alongside a preferential share issuance.
Hari Govind International approved acquiring Popees Baby Care Products Ltd via a 1.3:1 share swap. The move consolidates strategic business operations and expands its market presence.