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Corporate News 04-Nov-2026 20:59 Pajson Agro to acquire Pacific Global FZCO in a share swap deal valued at INR 354.52 crore Pajson Agro India Limited announced plans to acquire 100% of Pacific Global FZCO, a UAE-based cashew nut processing and trading company, in a share swap deal valued at up to INR 354.52 crore. Pacific Global, which operates in Côte d'Ivoire and reported consolidated revenue of AED 40.32 million (approximately INR 104.18 crore) and net worth of AED 135.92 million (approximately INR 351.20 crore) as of August 31, 2026, will allow Pajson Agro to expand its international presence. To finance the acquisition, the company intends to issue up to 1,20,58,397 equity shares at INR 294 per share to Pulkit Jain, Jayesh Bhagia, and Parshva Jain. Simultaneously, Pajson Agro is seeking shareholder approval to amend its Memorandum of Association to increase authorized share capital, and the disclosures are in compliance with SEBI Master Circulars. |
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