Sonalis Consumer Products Ltd inks MOU to acquire Holkar Somnath Milk & Agro Products Pvt Ltd

Sonalis Consumer Products Ltd has entered into a Memorandum of Agreement ("MOU") dated December 08, 2025 with HOLKAR SOMNATH MILK & AGRO PRODUCTS PVT. LTD. ( "Target Company") for acquisition of 100% Takeover of the Target Company, in accordance with and subject to the terms and conditions as set out in the MOU.

Pursuant to the terms of the MOU and upon fulfilment of the conditions precedent contained in the MOU, Purchaser being the Company will acquire management and control of the Target Company.

The Target Company is engaged in the business of Milk Procurement & Processing, Milk Pouching, Curd, Lassi, Chaas, Paneer, Ghee, Cattle Feed, RO Packaged Drinking Water.

The company can achieve Expanding market presence and increasing market share, increasing revenue through expanded product offerings and customer base, Enhancing profitability through increased scale and synergies, Reducing dependence on a single product or market.

The cost of acquisition is Rs.17.00 Crore.

Shares of Sonalis Consumer Products Limited was last trading in BSE at Rs. 62.57 as compared to the previous close of Rs. 69.10. The total number of shares traded during the day was 52000 in over 25 trades.

The stock hit an intraday high of Rs. 69.00 and intraday low of 62.05. The net turnover during the day was Rs. 3332980.00.

Source : Equity Bulls

Keywords

SonalisConsumerProducts INE0N5O01013 PackagedFoods MOU Acquisition SomnathMilkandAgroProducts