In a significant development for Vaksons Automobiles Limited , Mrs. Sneha Vispute and Mr. Abhijeet Sonawane have launched an open offer to acquire a substantial stake in the company. The announcement comes following a share purchase agreement dated November 14, 2022.

Key Details of the Open Offer

Background of the Offer

The open offer has been triggered by a preceding share purchase agreement, which involved:

Additional Information

• The detailed public statement regarding this open offer is expected to be published by November 21, 2022.
• Aryaman Financial Services Limited is acting as the manager to the offer.

This open offer represents a significant opportunity for existing shareholders of Vaksons Automobiles Limited to reassess their investment in the company. It also signals potential changes in the company's ownership structure, which could have implications for its future direction and strategy.

Investors and stakeholders are advised to review the detailed public statement when it becomes available for a comprehensive understanding of the offer terms and conditions.

Naksh Precious Metals Limited , a company known for its operations in the precious metals sector, has made a strategic move to diversify its business portfolio. The company has successfully incorporated a new subsidiary, NAS Global Industries Private Limited, marking its entry into the food processing and manufacturing industry.

Incorporation Details

The Ministry of Corporate Affairs granted approval for the incorporation of NAS Global Industries Private Limited on June 9th, 2025, issuing a Certificate of Incorporation. The new entity is registered in the state of Maharashtra, as confirmed by Naksh Precious Metals in its regulatory filing to the BSE.

Ownership and Investment

Naksh Precious Metals has acquired a controlling stake in the new subsidiary:

This investment gives Naksh Precious Metals a majority ownership, allowing it to guide the strategic direction of the new venture.

Business Scope

NAS Global Industries Private Limited has been established with an authorized capital of Rs. 15,00,000. The subsidiary's business scope is diverse, encompassing:

• Food processing
• Manufacturing
• Trading
• Import and export activities

The company will deal in a wide range of products, including:

• Agro products
• Raw materials and finished products
• Machinery and equipment
• Steel and metal products
• Chemical products
• IT services
• Agricultural products (onions, vegetables, fruits)
• Packaged and frozen foods

Strategic Rationale

The incorporation of NAS Global Industries is part of Naksh Precious Metals' strategy to:

1. Expand business operations on a large scale
2. Drive growth
3. Increase revenue
4. Enhance market share

This move represents a significant diversification from Naksh Precious Metals' core business, potentially opening up new revenue streams and market opportunities.

Management Commentary

Mrs. Sneha Vispute, Chairman & Managing Director of Naksh Precious Metals Limited, signed off on the regulatory filing, underlining the importance of this strategic move for the company's future growth plans.

Market Implications

While it's too early to determine the financial impact of this new venture, the diversification into food processing and related industries could potentially provide Naksh Precious Metals with a hedge against volatility in the precious metals market. Investors and market analysts will likely be watching closely to see how this new subsidiary performs and contributes to the parent company's overall growth strategy.

As NAS Global Industries Private Limited begins its operations, stakeholders will be keen to observe how Naksh Precious Metals leverages this new arm to expand its presence in the food processing and manufacturing sectors, and how it might complement or diversify the company's existing business model.