Riddhi Siddhi Gluco Biols Completes Acquisition of Identified Assets from Cargill India Pvt. Ltd.
Riddhi Siddhi Gluco Biols Limited announced the successful completion of the acquisition of identified assets from Cargill India Pvt. Ltd. The transaction solidifies the Company's operational presence and expands its manufacturing capabilities.The acquisition follows the terms set out in an Asset Purchase Agreement (APA) dated January 19, 2026, which was signed between Riddhi Siddhi Gluco Biols Limited and Cargill India Pvt. Ltd.
With the completion of this major transaction, Riddhi Siddhi Gluco Biols Limited has significantly strengthened its operational footprint in Southern India. The acquired assets belong to Cargill India Pvt. Ltd. and include a comprehensive manufacturing facility. This facility encompasses valuable land, production infrastructure, warehouses, and corn silos.
Stock Price Movement
Riddhi Siddhi Gluco Biols Ltd shares closed Monday at ₹610.40, having edged higher by 3.68% on the day. During the trading session, the stock swung through a wide range, testing lows near ₹585.00 before hitting a high of ₹621.00.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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