Nagarjuna Agri Tech Limited has announced a significant expansion into the food and beverages sector through three strategic acquisitions totaling Rs. 151.49 crores. The company's board has approved these acquisitions, marking a pivotal move to diversify its business portfolio and strengthen its position in the FMCG industry.

Key Acquisitions

1. Allenby Food & Beverages Private Limited

   • Acquisition Value: Rs. 144.74 crores
   • Method: 100% acquisition via share swap
   • Share Swap Ratio: 15 Nagarjuna Agri-Tech shares for each Allenby share

2. Rafflesia Confectionary

   • Acquisition Value: Rs. 3.00 crores
   • Type: 100% acquisition of the sole proprietorship

3. Aarini Gourmet LLP

   • Acquisition Value: Rs. 3.75 crores
   • Stake Acquired: 60%

Expansion Strategy

To facilitate these acquisitions, Nagarjuna Agri-Tech plans to:

1. Increase its authorized share capital from Rs. 30.00 crores to Rs. 35.00 crores
2. Issue up to 2.13 crore equity shares at Rs. 68.00 per share through preferential allotment

Allenby Food & Beverages Acquisition Details

Impact on Shareholding

Post-acquisition, the promoter holding in Nagarjuna Agri-Tech is expected to decrease from 63.11% to 35.09%, while introducing new non-promoter shareholders.

Rafflesia Confectionary Acquisition

• Business Focus: Manufacturing of various bread products
• Acquisition Terms: 100% business and control acquisition
• Investment: Up to Rs. 3.00 crores in one or more tranches
• Completion Timeline: On or before March 31, 2026

Aarini Gourmet LLP Acquisition

• Business Focus: Bakery and confectionery, specializing in artisanal bread and custom cakes
• Stake Acquired: 60%
• Investment: Up to Rs. 3.75 crores in one or more tranches
• Completion Timeline: On or before March 31, 2026

Strategic Rationale

These acquisitions align with Nagarjuna Agri-Tech's strategy to:

1. Expand its product portfolio in the FMCG sector
2. Establish a strong presence in the food retail industry
3. Diversify revenue streams and enhance long-term profitability

The move into the food and beverages sector, particularly in bakery and confectionery segments, positions Nagarjuna Agri-Tech to capitalize on the growing demand for ready-to-eat and artisanal food products.

Conclusion

Nagarjuna Agri-Tech's expansion strategy marks a significant shift in its business focus. By acquiring established players in the food and beverages sector, the company aims to create a diverse product portfolio and strengthen its market position. The success of this strategy will depend on effective integration of the acquired businesses and leveraging their combined strengths in the competitive FMCG market.

Nagarjuna Agri Tech Limited, a company listed on the BSE (Scrip Code: 531832), has announced a significant board meeting scheduled for November 21, 2025. The meeting aims to discuss and approve several strategic moves that could reshape the company's structure and market position.

Key Agenda Items

1. Capital Increase: The board will consider raising the company's authorized share capital from ₹30.00 crores to ₹35.00 crores, subject to shareholder approval. This move could potentially provide the company with more financial flexibility for future growth initiatives.

2. Acquisition of Allenby Food & Beverages: Nagarjuna Agri-Tech plans to issue equity shares on a preferential allotment basis to both promoters and non-promoters. This share swap is intended to acquire 100% shareholding (14,19,087 equity shares) of Allenby Food & Beverages Private Limited.

3. Additional Acquisitions: The board will also consider the acquisition of Rafflesia Confectionary, a sole proprietorship firm. Furthermore, plans to acquire Aarinii Gourmet LLP and Shree Salasar Foods are on the agenda, although specific details for these acquisitions were not provided in the LODR filing.

Proposed Actions and Approvals

The company plans to hold an Extra-Ordinary General Meeting to seek necessary shareholder approvals for these strategic moves.

Implications

These proposed actions suggest that Nagarjuna Agri-Tech is pursuing a growth strategy through acquisitions in the food and beverage sector. The planned increase in authorized share capital could provide the financial backing for these expansions, potentially positioning the company for market growth.

Investors and stakeholders should note that these plans are subject to various approvals and regulatory compliance, including adherence to SEBI regulations for preferential allotments and acquisitions.

The board meeting on November 21, 2025, at the company's corporate office in Kolkata, will be crucial in determining the future direction of Nagarjuna Agri-Tech Limited. Shareholders and market observers will be watching the outcomes of this meeting and subsequent developments.