Prataap Snacks moves higher on acquiring 99.95% stake in RLOP Food Processing
Prataap Snacks is currently trading at Rs. 1166.00, up by 2.70 points or 0.23% from its previous closing of Rs. 1163.30 on the BSE.
The scrip opened at Rs. 1177.00 and has touched a high and low of Rs. 1177.00 and Rs. 1160.00 respectively. So far 508 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1240.65 on 10-Aug-2026 and a 52 week low of Rs. 858.80 on 27-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1,191.95 and Rs. 1159.95 respectively. The current market cap of the company is Rs. 2790.13 crore.
The promoters holding in the company stood at 56.77%, while Institutions and Non-Institutions held 11.73% and 31.50% respectively.
Prataap Snacks has acquired 99.95% of the issued, subscribed and paid-up share capital of RLOP Food Processing (Target Company). The company is in the process of acquiring the remaining 0.05% shareholding of the Target Company in accordance with the terms of the Share Purchase Agreement.
Consequent to the aforesaid acquisition, the Target Company has become a subsidiary of the Company. Upon acquisition of the remaining shares, the Target Company shall become a wholly-owned subsidiary of the Company.
