KIRAN VYAPAR : SUBSCRIBES 1.017% STAKE IN ALT MATERIAL INNOVATIONS WORTH UP TO RS 3 CR

• Company subscribed 244 Series A CCPS of Alt Material Innovations (AMIPL), equal to 1.017% of post-issue paid-up capital • AMIPL board allotted the shares on 4 November 2026; intimation dated 3 November 2026 • Total consideration towards acquisition not exceeding ₹29.99 Cr, payable in cash • AMIPL is a Bengaluru-based company incorporated in April 2023 into manufacturing, trading and R&D of biological materials; FY26 turnover ₹0.33 Cr, PAT ₹9.79 Cr, net worth ₹15.64 Cr • Acquisition is strategic in nature and expected to enhance the company's business activities; no regulatory approvals required

Kiran Vyapar Ltd

Open attachment

← Back to feed