JV/AcquisitionAcquisition
Worth Peripherals has converted an outstanding loan of ₹30 Cr into equity shares of its wholly-owned subsidiary, Worth Wellness Private Limited, maintaining a 100% stake.
Worth Peripherals LimitedWORTH · Filed with the exchange
This move strengthens Worth Wellness, which recently commenced commercial production at its new, state-of-the-art corrugated packaging facility.
This expansion significantly boosts manufacturing capabilities and operational efficiency, marking a major growth milestone.
The new facility, among India's largest, focuses on sustainable practices, enhancing the company's market position and product quality.
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