SVA India Limited has acquired full ownership of Aussee Oats Milling Private Limited, increasing its stake from 50% to 100% and converting the Sri Lankan entity into a wholly owned subsidiary. The transaction, effective June 23, 2026, involved the transfer of 29,453,180 equity shares and 11,380,155 preference shares for a cash consideration based on valuation reports.

The acquisition falls under related party transactions as Aussee Oats Milling was an associate company with a common director. The consideration was paid at arm's length based on valuation reports. The target entity is engaged in the manufacturing and exporting of oats and oats-based products.

Financial Overview of Aussee Oats Milling

The acquired entity has demonstrated a fluctuating financial performance over the past three years. The turnover for the financial year 2025-26 stood at USD 14,783,616.08, recovering from a dip in the previous year.

Transaction Details

The acquisition was completed within an indicative period of 10 days. No specific governmental or regulatory approvals were required for the transaction. The transfer of shareholding was executed in accordance with the clauses of the Articles of Association of Aussee Oats Milling Private Limited and other relevant documents.

Following the announcement, the trading window for SVA India has been closed immediately. The window will remain shut until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026.

SVA India Limited published its audited financial results for the quarter and year ended March 31, 2026, in News Hub newspapers on June 03, 2026. The company had previously corrected a typographical error in its consolidated financial results, revising the Total Comprehensive Income for the quarter to ₹42.71 lakh from an initially reported (361.73). The clarification confirmed that the correction was clerical and did not impact the standalone financial results, auditors' reports, or the overall financial position approved by the Board of Directors.

The Board of Directors had approved the audited standalone and consolidated financial results at its meeting held on June 01, 2026. The statutory auditors, M/s. Jayesh Dadia & Associates LLP, issued an audit report with an unmodified opinion on the financial results. The consolidated results include the financials of the parent company, its subsidiary Aussee Oats India Private Limited, and its associate company Aussee Oats Milling Private Limited, Sri Lanka. The associate company contributed a share of profit of ₹408.33 lakh to the consolidated figures for the year.

Financial Performance

The company's total consolidated income for FY26 stood at ₹112.15 lakh, a decrease from ₹223.72 lakh in the previous year. Total expenditure rose to ₹387.09 lakh from ₹139.10 lakh in FY25, driven by increases in finance costs, legal and professional fees, and other expenses. On a standalone basis, total income fell to ₹53.99 lakh from ₹223.72 lakh, while total expenditure increased to ₹318.08 lakh from ₹139.10 lakh.

The board also confirmed that the trading window for directors and designated persons, which had been closed since April 01, 2026, would reopen 48 hours after the financial results were made public. The intimation was submitted pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.