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Board approved proposed slump sales of five businesses to 75%-owned subsidiaries, subject to shareholder approval; completion targeted by March 31, 2027. The restructuring separates beverages, snacks, POS, nutraceuticals and consumer products into dedicated entities, while adding agriculture and software/AI to the objects clause. All transfers are related-party transactions with the MD owning 25% of buyers; consideration is via subsidiary shares and IP payments, based on an independent valuation.
Valencia Nutrition Approves Five Slump Sales To Promoter-Linked Subsidiaries
Valencia Nutrition Board Approves Five Slump Sales To Promoter-Linked Subsidiaries