Valencia Nutrition Approves Five Slump Sales To Promoter-Linked Subsidiaries

Board proposed transferring five undertakings—beverages, snacks, POS, nutraceuticals and consumer products—to 75%-owned subsidiaries, with MD Manish Turakhia holding 25%, for ₹4.23 crore in share-swap consideration plus ₹4.83 crore for IP/intangibles, subject to majority-of-minority approval by March 31, 2027; two directors were appointed and one resigned.