Kapil Raj Finance Approves ₹59 Crore Henyo Pack Acquisition Via Share Swap

Board approved acquiring 90% of Henyo Pack (packaging, FY25 sales 46.7 Cr) for 26.55 Cr shares at Rs 2.24 via 100:1 swap plus 67 lakh-share Rs 1.5 Cr cash preferential. Swap gives Henyo holders 69.6% control; shifts from finance to packaging. Auth cap hiked to Rs 46 Cr, name to Henyo Systems, objects changed; needs AGM/exchange nod. 25x dilution vs 1.1 Cr base; completion in 30 days post-exchange approval. Valuation basis, Henyo profit/debt, funding of balance and WTD exit impact undisclosed.