News Orders & Deals Getalong Enterprise Board Approves Rs 30 Lakh Investment in Osiyaa Polypacks LimitedGetalong Enterprise Board Approves Rs 30 Lakh Investment in Osiyaa Polypacks Limited
Getalong Enterprise Limited's board approved a Rs 30 lakh investment in Osiyaa Polypacks Limited on 04th March, 2026, acquiring 3 lakh equity shares at Rs 10 per share through preferential allotment. This will increase Getalong's stake to 18.71% in the packaging company. Osiyaa Polypacks, incorporated in December 2022, specializes in manufacturing PP granules and mesh bags for agricultural and industrial use, showing strong growth with turnover of Rs 3,63,57,096.58 for the period 01-04-2025 to 28-02-2026.
*this image is generated using AI for illustrative purposes only.
Getalong enterprise Limited announced that its board of directors has approved a strategic investment in Osiyaa Polypacks Limited during a meeting held on 04th March, 2026. The decision represents the company's continued focus on diversifying its investment portfolio in sectors demonstrating stability and growth potential.
Investment Details
The board approved the acquisition of equity shares in Osiyaa Polypacks Limited with the following key parameters:
| Parameter: | Details |
|---|---|
| Number of Shares: | 3,00,000 equity shares |
| Price per Share: | Rs 10 |
| Total Investment: | Rs 30,00,000 |
| Acquisition Method: | Preferential allotment |
| Expected Completion: | 31st March, 2026 |
Following this investment, Getalong Enterprise Limited will hold an aggregate of 10,29,000 equity shares in Osiyaa Polypacks Limited, representing approximately 18.71% of the paid-up equity share capital.
Target Company Profile
Osiyaa Polypacks Limited operates in the manufacturing and packaging industry, incorporated on 08th December, 2022. The company specializes in:
- Manufacturing and packaging of PP granules to mesh (leno) bags
- Products for vegetables, potatoes, fruits, sugar, cement, and fertilizer bags
- Granulating of PP and PE recycling material
- Processing waste PP woven bags, tapes, and PE shopping bags
Financial Performance
Osiyaa Polypacks Limited has demonstrated significant growth in its financial performance:
| Period: | Turnover |
|---|---|
| F.Y. 2024-25: | Rs 25,78,131.33 |
| 01-04-2025 to 28-02-2026: | Rs 3,63,57,096.58 |
Regulatory Compliance
The investment transaction has been structured in compliance with regulatory requirements:
- The transaction falls within related party transactions
- Members' approval obtained in General Meeting held on 02nd July, 2021 for making investments in companies
- Specific approval for investment in Osiyaa Polypacks Limited received in General Meeting held on 29th September, 2025
- Transaction conducted at arm's length
- No additional government or regulatory approvals required
Share Capital Structure
Post-transaction, Osiyaa Polypacks Limited's proposed share capital structure will be:
| Component: | Details |
|---|---|
| Authorized Share Capital: | Rs 5,50,00,000 |
| Number of Equity Shares: | 55,00,000 |
| Face Value per Share: | Rs 10 |
The board meeting commenced at 02:30 p.m. and concluded at 03:00 p.m. on 04th March, 2026. The company stated that this acquisition aligns with its long-term strategy of diversifying its portfolio while investing in sectors that demonstrate both stability and growth potential, with the intention to nurture and expand the business for value creation.
Historical Stock Returns for Getalong Enterprise
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | -14.07% | -37.82% | -78.95% | -33.12% |
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