Prataap Snacks has acquired 100% of RLOP Food Processing Private Limited for ₹15.45 Cr.

This strategic move isn't for RLOP's non-existent operations, but for its key asset: government-allotted leasehold land.

Prataap Snacks plans to utilize this land for a new Greenfield manufacturing project.

This acquisition secures crucial real estate, laying the foundation for expanding future production capacity and enhancing operational footprint.

Investors can view this as a proactive step to strengthen the company's manufacturing base and support its growth ambitions.