Oswal Agro Mills has acquired 4.85% (1,24,61,658 Equity Shares) of the total shareholding of M/s Oswal Greentech, an associate company of the Company. The company is the promoter of Oswal Greentech. The increase in promoter shareholding aims to reinforce their commitment and enhance market confidence, despite no specific operational reason for the acquisition.
This move is expected to strengthen the promoters’ influence, potentially improve investor perception, and provide greater strategic flexibility and control within the entity. The entity will ensure full compliance with regulatory disclosure requirements related to this change in shareholding.
Oswal Agro Mills has been carrying on the real estate and other non-financial activities since its incorporation.
