Nahar Industrial Enterprises Acquires 100% Stake in Emerald Logipark for Rs 1,00,000
Nahar Industrial Enterprises Limited has completed the acquisition of Emerald Logipark Private Limited, securing a complete stake in the company. The purchase transaction involves the outright ownership of all equity shares of Emerald Logipark.The acquisition was conducted for a total cost of Rs 1,00,000/- and involved the purchase of 10,000 equity shares of the target company. The transaction was executed through cash consideration.
Emerald Logipark Private Limited, incorporated on March 30, 2026, is in the business of Warehousing and Storage. As a related party and part of the promoter group, Nahar Industrial Enterprises holds the entire shareholding in the entity. The purchase is noted to have been done at arm's length.
The primary objective of this acquisition is for the wholly owned subsidiary company to undertake the business of Warehousing and Storage etc.
Key details regarding the acquired company and the transaction are summarized below:
| Particular | Detail |
|---|---|
| Acquirer | Nahar Industrial Enterprises Limited |
| Target Company | Emerald Logipark Private Limited |
| Nature of Transaction | 100% Equity Acquisition |
| Cost of Acquisition | Rs 1,00,000/- |
| Shares Acquired | 10,000 equity shares (face value of Rs. 10/- each) |
| Target Industry | Warehousing and Storage etc. |
The target company possesses an Authorized Share Capital of Rs 1,00,000/-, with a Paid-up Share Capital of the same amount. As of the date of acquisition, Emerald Logipark Private Limited has reported nil turnover as it has yet to commence operations.
NAHARINDUS Stock Price Movement
Nahar Industrial Enterprises Limited slipped by 2.16% in trading today, settling at ₹118.05 after shedding ₹2.61 from the previous close. The stock saw a traded volume of 28,003 shares during the session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.