SVA India Ltd Achieves 100% Stake in Aussee Oats Milling Private Limited
SVA India Ltd has completed the acquisition of all shares in Aussee Oats Milling Private Limited, transforming the company from an Associate Company into a Wholly Owned Subsidiary. The transaction, effective as of June 23, 2026, saw SVA India increase its shareholding to 100% across both equity and preference shares.Aussee Oats Milling Private Limited, which is incorporated in Sri Lanka, operates in the manufacturing and exporting of oats and oats-based products. The acquisition represents a transfer within a Related Party Transaction, as Aussee Oats Milling previously shared a common director with SVA India Ltd.
The change in control was executed through a Cash Consideration payment, with the cost being determined based on valuation reports. Upon the completion of this acquisition, which is expected to take 10 days, Aussee Oats Milling will become a Wholly Owned Subsidiary of SVA India Ltd.
Key details regarding the ownership and operations are summarized below:
| Particulars | Details |
|---|---|
| Target Entity | Aussee Oats Milling Private Limited |
| Business Focus | Manufacturing and exporting of oats and oats-based products. |
| Industry | Food production (oats and oats-based products). |
| Turnover (FY 2025-26) | USD 14,783,616.08 |
| Shareholding Change (Equity) | Increased from 50% to 100% through the transfer of 29,453,180 Equity Shares. |
| Shareholding Change (Preference) | Increased from 50% to 100% through the transfer of 11,380,155 Preference Shares. |
The target company has maintained consistent operational performance over its recent fiscal years. Historical turnover figures for Aussee Oats Milling Private Limited are as follows:
| Fiscal Year (FY) | Turnover |
|---|---|
| FY 2023-24 | USD 12,506,070.44 |
| FY 2024-25 | USD 10,807,652.57 |
| FY 2025-26 | USD 14,783,616.08 |
Stock Price Movement
SVA India Ltd closed Wednesday, with shares ticking up 4.90% and settling at ₹8.13 per share. The stock was locked for the entire trading session, as its intraday high and low both registered at ₹8.13.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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