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Apis India completes acquisition of entire stake in NFTFPL

27 Nov 2021 Evaluate

Apis India has completed the acquisition of 100% stake in Nature’s Family Tree Foods (NFTFPL) from its existing shareholders at a price of Rs 10 per share. Consequently, NFTFPL has now become a wholly owned subsidiary of Apis India. 

Apis India is one of the leaders in the field of organized honey trade in India. It also provides specialized honey, which comprises ginger, lemon, organic, honey with nuts, and honey with comb.

Peers
Company Name CMP
Nestle India 1380.70
Varun Beverages 420.90
Britannia Industries 5017.10
LT Foods 418.85
Hatsun Agro Product 1149.40
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