Valencia Nutrition has acquired 100 equity shares of Rs 10 each, representing the remaining equity stake in Valencia Beverages & Superwater, its subsidiary. Consequently, Valencia Beverages & Superwater has become a wholly owned subsidiary of the company, with the company now holding 100% of its total paid-up equity share capital. The acquisition is undertaken to consolidate the company’s shareholding in Valencia Beverages & Superwater and to strengthen its presence in the beverages segment.
Valencia Nutrition is engaged in the business of developing, manufacturing, sale & distribution of nutraceutical products.
