03-Nov-2026 19:41:38

KIRANVYPARAcquisition and merger

KIRAN VYAPAR : SUBSCRIBES 1.017% STAKE IN ALT MATERIAL FOR RS 3 CR

• Company subscribed 244 Series A CCPS of Alt Material Innovations Private Limited (AMIPL) • Stake equals ~1.017% of AMIPL post-issue paid-up share capital • Cash consideration not exceeding ₹2.99 Cr (~₹3 Cr) • AMIPL is Bangalore-based, incorporated April 2023; FY2025-26 turnover ₹0.33 Cr and net worth ₹15.64 Cr • Business covers biological materials, products, R&D and analytical services • Acquisition is strategic and aimed at enhancing Kiran Vyapar's business activities

Kiran Vyapar Ltd

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