Sameera Agro And Infra Limited (NSEI:SAIFL) agreed to acquire 74% stake in Amar Wines for INR 220 million on April 8, 2024. The consideration consists of INR 217.5 million in cash. As part of the consideration, INR 217.5 million was paid towards common equity. As on April 17, 2024 The board of directors and shareholders of Sameera Agro And Infra Limited (NSEI:SAIFL) approved the deal.

Sameera Agro And Infra Limited (NSEI:SAIFL) completed the acquisition of 74% stake in Amar Wines on May 30, 2024.