M /s Megastar Foods Limited has invested its fund for acquiring all the Equity shares of M/s Megapacific Ventures Private Limited to make the Company Wholly Owned Subsidiary and the shares were allotted on 14/06/2019.
M/S Megpacific Ventures Private Limited is incorporated as a Wholly Owned Subsidiary of the company.
The promoter and Promoter group have no interest in the above entity except Mr. Vikas Gupta and Mr. Vikas Goel are appointed as a First Directors and Mr. Mudit Goyal is appointed as Additional Director in the company. The transaction is done at armslength.
The Authorized capital is Rs. 2,00,00,000 and Paid up Share Capital is Rs. 50,00,000.