CCME Global Approves ₹148 Crore UAE Acquisitions And ₹151 Crore Share Issue

Board approved acquisition of 51% of Cash & Carry Middle East FZCO for up to ₹127.7 Cr and 52% of Interlink Distribution LLC for ₹20.3 Cr. It also approved a preferential issue of up to ₹151.1 Cr, including ₹18 Cr cash, ₹112.7 Cr CCME UAE share swap and ₹20.3 Cr Interlink share swap, subject to approvals. This is the first major operating-business acquisition and a sharp shift from the company's pre-operating phase to FMCG trading and distribution across the Middle East, Africa and other international markets. The CCME UAE transaction is related-party and promoter-owned, though stated to be at fair value and arm's length. The proposed issue would substantially expand the equity base and create significant dilution; valuation support, funding of the cash component, integration economics and target-level profitability beyond disclosed figures remain unclear. Completion requires shareholder, stock-exchange and FEMA-related compliance approvals. The 1:10 share split was also approved, su