NewsOrders & DealsSignature Green Corporation Completes 100% Acquisition of Arvind Foods LimitedSignature Green Corporation Completes 100% Acquisition of Arvind Foods Limited
Signature Green Corporation Limited has completed the 100% acquisition of Arvind Foods Limited for ₹93.89 lakhs, making it a wholly owned subsidiary. The acquisition involved purchasing 99,880 equity shares at ₹94 per share through a phased approach, building on the 60.19% stake acquired in November 2025. Arvind Foods Limited, incorporated in 1988, operates in foods and agriculture products with a net worth of ₹93.72 lakhs and will enable increased production capacity and asset utilization for the parent company.
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Signature Green Corporation Limited (formerly known as Sagar Soya Products Limited) has successfully completed the acquisition of 100% equity shareholding in Arvind Foods Limited, making it a wholly owned subsidiary. The acquisition was announced on January 8, 2026, in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
Acquisition Details
The company completed the acquisition through a phased approach, having previously acquired 60.19% equity shareholding in November 2025. The complete acquisition involved purchasing 99,880 equity shares with a face value of ₹100 each.
| Parameter | Details |
|---|---|
| Total Consideration | ₹93.89 lakhs |
| Price per Share | ₹94 |
| Number of Shares | 99,880 equity shares |
| Face Value per Share | ₹100 |
| Shareholding Acquired | 100% |
Target Company Profile
Arvind Foods Limited was incorporated on March 25, 1988, under the erstwhile Companies Act, 1956. The company operates in the foods and other agriculture products sector with its registered office located in Sagar, Madhya Pradesh.
| Financial Parameter | Amount (₹) |
|---|---|
| Net Worth (March 31, 2025) | 93.72 lakhs |
| Fixed Asset Size | 77.51 lakhs |
| Total Asset Size | 93.91 lakhs |
Strategic Rationale
The acquisition serves multiple strategic objectives for Signature Green Corporation:
- Business Alignment: The target company's business operations align with Signature Green Corporation's core business activities
- Asset Utilization: Access to valuable assets including land, building, plant and machinery
- Production Capacity: Increase in overall production capacity
- Operational Benefits: Reduction of unforeseen operating difficulties and expenditure
Financial Consolidation
Signature Green Corporation will consolidate Arvind Foods Limited's financials proportionally. The company will consolidate 60% shareholding for the quarter ended December 31, 2025, and 100% consolidation will apply for the upcoming quarter and year ending March 31, 2026.
Related Party Transaction
The acquisition qualifies as a related party transaction since the directors of Arvind Foods Limited are relatives of Mr. Arvindbhai Patel, Chairman, Whole Time Director and CFO of Signature Green Corporation. The transaction was conducted at arm's length based on a valuation report dated November 5, 2024.
The acquisition represents a strategic move to strengthen Signature Green Corporation's position in the foods and agriculture products sector while providing opportunities for restarting business activities at the target company, which had remained dormant for the past three financial years.
Historical Stock Returns for Signature Green Corporation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | 0.0% | -100.00% | -100.00% | -100.00% |
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