Pajson Agro India touches roof on getting nod to acquire 100% stake in Pacific Global FZCO
Pajson Agro India is currently trading at its upper circuit limit of Rs. 313.80, up by 14.90 points or 4.98% from its previous closing of Rs. 298.90 on the BSE.
The scrip opened at Rs. 313.80 and has touched a high and low of Rs. 313.80 and Rs. 313.80 respectively. So far 3000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 411.40 on 14-Oct-2026 and a 52 week low of Rs. 120.05 on 18-Dec-2025.
Last one week high and low of the scrip stood at Rs. 313.80 and Rs. 270.00 respectively. The current market cap of the company is Rs. 747.15 crore.
The promoters holding in the company stood at 62.47%, while Institutions and Non-Institutions held 6.23% and 31.30% respectively.
Pajson Agro India’s Board of Directors has approved the acquisition of a 100% equity stake in Pacific Global FZCO, Dubai (UAE) (Pacific Global), an origin-based cashew processing platform with an installed capacity of 60,000 MT of raw cashew nuts (RCN) per annum in Cote d’Ivoire, for a total consideration of Rs 354.52 crore, to be discharged entirely through a share swap.
The acquisition marks a strategic shift in Pajson Agro’s growth trajectory, from an India-based processor to an origin-integrated, global cashew platform. Cote d’Ivoire is the world’s largest producer of raw cashew nuts, and a processing footprint at source places the Company at the heart of global supply, strengthening control over raw-material access, quality and cost. Processing at origin while serving multiple international markets also provides a natural hedge across sourcing, geographies and end-markets.
On completion of the acquisition, the company’s processing capacity will scale to a combined 1,13,000 MT, comprising its existing 18,000 MT in India, the 35,000 MT greenfield facility being set up at Vizianagaram, Andhra Pradesh, and 60,000 MT in Cote d’Ivoire. This builds scale for India and global demand alike, in line with the Company’s ambition to lead the cashew value chain.
Pajson Agro India is engaged in processing of raw cashew nuts into cashew kernels and supplies to domestic and international markets. Its product portfolio primarily comprises various grades of cashew nuts, which are processed and packaged in bulk as well as consumer-oriented retail packs.
