Sundrop Brands Limited has seen a significant increase in stake by CAG-Tech (Mauritius) Limited through a substantial off-market acquisition completed on December 23, 2025. The Mauritius-based entity acquired 18.81 lakh additional equity shares, increasing its shareholding from 33.92% to 38.91%.

Acquisition Details

The transaction involved the purchase of 18,81,073 equity shares of Sundrop Brands Limited, representing a strategic increase in CAG-Tech's ownership position. The following table summarizes the key acquisition metrics:

Shareholding Changes

The acquisition has resulted in a substantial change in CAG-Tech's ownership structure in Sundrop Brands Limited. The company's shareholding position before and after the transaction shows significant growth:

Company Capital Structure

Sundrop Brands Limited's capital structure remained unchanged following the transaction. The company maintains an equity share capital of ₹3,76,96,853, while the total diluted share capital stands at ₹3,91,77,264. This indicates the presence of outstanding convertible securities or warrants that could potentially be converted into equity shares.

Regulatory Compliance

CAG-Tech (Mauritius) Limited filed the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company confirmed its status as belonging to the Promoter/Promoter group category and provided its PAN details as AACCC9344C. The disclosure was simultaneously submitted to both major Indian stock exchanges where Sundrop Brands shares are listed.

Market Implications

The off-market acquisition demonstrates CAG-Tech's continued involvement in Sundrop Brands Limited. With the increased shareholding of 38.91%, CAG-Tech has strengthened its position as a significant stakeholder in the company. The transaction was completed without affecting the overall equity capital structure of Sundrop Brands, indicating a transfer between existing shareholders rather than fresh capital infusion.

Sundrop Brands Limited (formerly known as Agro Tech Foods Limited) has announced another key managerial appointment involving Ms. Kavita. The company has now appointed her as Company Secretary and Key Managerial Personnel at Del Monte Foods Private Limited (DMFPL), its material subsidiary, effective December 16, 2025.

Latest Appointment Details

Ms. Kavita, who was previously appointed as Company Secretary, Compliance Officer, and Nodal Officer at Sundrop Brands Limited on November 28, 2025, has now been designated to serve in a similar capacity at the company's material subsidiary. This appointment was approved by the Board of Directors of Del Monte Foods Private Limited in their meeting held on December 16, 2025.

Professional Background

Ms. Kavita brings extensive experience to her new role, with over 14 years of professional expertise across leading FMCG organizations. Her career spans across notable companies including Sundrop Brands Limited, Del Monte Foods Group, Walmart India, and Tata Consumer Products. She possesses specialized knowledge in corporate secretarial functions, legal and regulatory compliances, mergers and acquisitions, governance, and contract management across Indian and international entities.

Career Timeline at Sundrop Group

The appointment represents a strategic move within the Sundrop group of companies. Ms. Kavita's career progression shows her expanding role within the organization:

Regulatory Compliance

The appointment has been made in compliance with Section 203 of the Companies Act, 2013, and the ICSI (Employee Company Secretaries Identification Number) Guidelines, 2019. Sundrop Brands Limited has informed both BSE (Scrip Code: 500215) and NSE (Symbol: SUNDROP) about this appointment under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Kavita's expertise in FSSAI, Legal Metrology, and cross-border compliances, combined with her track record as a strategic business partner to management, positions her well to drive compliance excellence at the material subsidiary level.