PVR Inox Ltd

PVR INOX Sells 4700BC Popcorn Brand to Marico for ₹226.8 Crore 🍿

• PVR INOX sells 93.27% stake in Zea Maize Private Limited (owner of 4700BC brand) to Marico Limited

• Transaction value: ₹226.8 crore

• ZMPL contributed 1.71% (₹98.66 crore) to PVR INOX's turnover last financial year

• ZMPL contributed 0.42% (₹29.53 crore) to PVR INOX's net worth

• Marico Limited is an independent, unrelated buyer with no ties to PVR INOX's promoters

• ZMPL is not a material subsidiary and the transaction is not a related party transaction