The divestment of Zea Maize enables 4700BC to grow under Marico, as PVR INOX reallocates resources to focus on its core ...
The acquisition is expected to be completed within 30 days, as per a regulatory filing. Marico will also have the right to acquire the remaining stake in Zea Maize after three years from the execution ...
The agreement for sale has been entered into on January 26 and the divestment is likely to be completed within 30 days from ...
Marico has entered into a definitive agreement with PVR INOX to buy its 93.27 per cent stake in Zea Maize Private Limited ...
Marico is set to acquire a 93.27% stake in premium snacking brand "4700BC" for up to Rs 226.83 crore, aiming to expand its value-added foods portfolio. This strategic investment, expected to conclude ...
PVR INOX Ltd has fully exited premium snacking brand 4700BC, selling its entire stake in Zea Maize Pvt. Ltd to Marico Ltd in an all-cash transaction valued at ₹226.8 crore, marking a clean break from ...
The board of PVR Inox in its meeting held on 26 January 2026 has approved the sale of its entire shareholding in its subsidiary, Zea Maize (ZMPL), which owns the brand 4700BC (consisting of 93.27% of ...
PVR INOX has monetised its entire investment in its subsidiary, Zea Maize (ZMPL), to Marico in an all-cash transaction for a total consideration of Rs 226.8 crore.
Stocks may stay active as PVR Inox sells 4700BC stake, Sun Pharma and Cipla recall US products, HCL Tech acquires Finergic, ...
The multiplex operator had invested in ZMPL at an early stage. It supported the business through its formative years, the ...
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