Sanjay Damji Salva and Manish Damji Salva entered into an agreement to acquire Serial Enterprise Foods Private Limited from Magellanic Cloud Limited for INR 12.1 million.

Sanjay Damji Salva and Manish Damji Salva entered into an agreement to acquire Serial Enterprise Foods Private Limited from Magellanic Cloud Limited (BSE:538891) for INR 12.1 million on November 15, 2023. The transaction has been approved by board of Magellanic Cloud Limited and is expected to close by April 6, 2024.