Vikas Lifecare, as a measure of forward integration, in order to extend its retail footprint across India, taking another giant leap forward while moving at lightening pace on the path of engraving a strong foot-hold in the Consumer Products Retail Market Segment, has acquired 30% stakes in the Ardh Sainik Canteens in an all-cash deal of Rs 15 crore from its existing stakeholders.
The company has been eyeing a space for itself in the retail market segment including E Commerce Market Place for the Consumer Products including the Agro Products business segment expanding exponentially during the recent 12-18 months. Being a strategic investment, Vikas Lifecare commits itself for expansion and broad-basing of Ardh Sainik Canteens business operations.
Vikas Lifecare is engaged in trading and manufacturing of polymer, rubber compounds and additives for plastics, synthetic & natural rubber.
| Company Name | CMP |
|---|---|
| Redington | 280.25 |
| Amrapali Industries | 35.32 |
| Adani Enterprises | 3155.15 |
| Rashi Peripheral | 783.70 |
| PDS | 356.30 |
| View more.. | |
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