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Board approved acquisition of 100% of Café Gujjubhai Private Limited for Rs 15.9 Cr, primarily through share swap, subject to shareholder and other approvals. The related-party acquisition diversifies the company into QSR/F&B; target turnover fell to Rs 2.4 Cr in FY25 from Rs 5.0 Cr in FY24. Up to 12.05 lakh shares will be issued to 15 sellers, including common promoters. Annexure A separately states 10.08 lakh shares, requiring clarification.
Gujjubhai Industries Announces Managing Director Paresh Thakker's Resignation
Gujjubhai Industries Board Approves ₹24.2 Crore Axis Bank Credit Facility