SER Industries has announced the approval of two major acquisitions with a combined transaction value of ₹552.8 crores, marking a significant expansion strategy for the company. The board has greenlit the purchase of SNA Milk and the acquisition of DFSU Farmer Connect through share swap mechanisms.

Major Acquisition Details

The company's acquisition strategy encompasses two distinct transactions structured as share swaps. The larger of the two deals involves the purchase of SNA Milk, while the second focuses on acquiring DFSU Farmer Connect, both representing strategic moves in the dairy and agricultural sectors.

Strategic Share Swap Structure

Both acquisitions will be executed through share swap arrangements, indicating that SER Industries will issue equity shares rather than making cash payments for these purchases. This structure allows the company to expand its operations while preserving cash resources and potentially providing the acquired entities with equity participation in the combined organization.

Business Expansion Initiative

The dual acquisition strategy suggests SER Industries is focusing on strengthening its presence in the dairy and agricultural value chain. The purchase of SNA Milk and DFSU Farmer Connect indicates a comprehensive approach to building capabilities across different segments of the food and agriculture industry.

These transactions represent a substantial commitment by SER Industries to growth through acquisitions, with the total value of ₹552.8 crores demonstrating the company's confidence in the strategic value of these assets. The share swap mechanism ensures that both acquired companies will become integral parts of the expanded SER Industries ecosystem.

SER Industries Limited has announced that its board of directors will convene on January 20, 2026, to deliberate on a preferential issue of equity shares. The company informed BSE Limited about the rescheduled meeting through an official communication dated January 15, 2026.

Meeting Details and Agenda

The board meeting, originally planned for December 24, 2025, was adjourned and has now been rescheduled for Tuesday, January 20, 2026. The meeting has been called in compliance with Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items

The board will consider and transact the following business during the meeting:

• Equity Issuance Proposal: To consider and evaluate a proposal for issuance of equity shares or any eligible securities or a combination thereof through a preferential issue on a private placement basis or through any other permissible mode as may be considered appropriate
• Regulatory Approvals: The proposal will be subject to such regulatory and statutory approvals as may be required, including the approval of the members of the company
• Ancillary Actions: To approve such ancillary actions in relation to the equity issuance as may be required
• Other Business: To transact any other business with the permission of the Chairperson, including matters incidental, ancillary, or consequential to the above items

Trading Window Status

The company has clarified that the trading window was already closed pursuant to the intimation of the board meeting dated December 16, 2025, and will continue to remain closed. The trading window will reopen on expiry of forty-eight hours after the outcome of the board meeting is published, unless it remains closed for any other purpose.

Communication Details

The official communication was signed by Sunil Kumar Shah, Director of SER Industries Limited, and was digitally signed on January 15, 2026. The company has requested BSE Limited to take the information on record as per regulatory requirements.