Chatha Foods Acquires 69.79% Stake in Allana CF Foods
Chatha Foods Limited has completed the allotment of equity shares in its subsidiary, Allana CF Foods Private Limited. The acquisition resulted in Chatha Foods holding a significant stake in the entity, which specializes in the ready-to-eat and ready-to-cook products segment of the food industry.The transaction involved the subscription to 11,96,700 Equity Shares of M/s Allana CF Foods Private Limited. These shares were acquired at par, with a total cost amounting to Rs. 1,19,67,000 (Rupees One Crore Nineteen Lakh Sixty-Seven Thousand Only).
Following the allotment, Chatha Foods will possess a 69.79% shareholding in Allana CF Foods Private Limited.
Transaction Summary Details
The following table outlines the key financial and operational details of the equity acquisition:| Particulars | Details |
|---|---|
| Target Entity | Allana CF Foods Private Limited |
| Industry | Food Industry |
| Date of Incorporation (Target) | April 08, 2025 |
| Shares Acquired | 11,96,700 Equity Shares |
| Cost of Acquisition | Rs. 1,19,67,000 |
| Issue Price | Rs. 10/- per share (At par) |
| Resulting Stake | 69.79% |
Subsidiary Profile
Allana CF Foods Private Limited is a subsidiary of Chatha Foods Limited and operates within the Food Industry, focusing on ready-to-eat and ready-to-cook products. The company was incorporated in April 2025. The transaction maintains an arm's length basis relationship between the two entities.Stock Price Movement
Chatha Foods Ltd concluded the trading day at ₹89.00, with the shares ticking up 2.77% in post-market activity. The stock experienced intraday volatility, moving between a low of ₹85.00 and an intraday high of ₹89.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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