Getalong Enterprise Ltd invests in Osiyaa Polypacks Ltd

Getalong Enterprise Ltd. had already obtained approval of the members vide General meeting dated 29th September, 2025 to make investments in M/s. Osiyaa Polypacks Limited.

Subsequently, the Board of Directors, in its meeting held today, has approved to invest in 7,29,000 (Seven Lakh Twenty-Nine Thousand) equity shares of M/s. Osiyaa Polypacks Limited at a price of Rs. 10/- (Rupees Ten only) per share. The investment shall be made as follows:

- 3,00,000 equity shares to be subscribed under the proposed preferential allotment by M/s. Osiyaa Polypacks Limited; and

- 4,29,000 equity shares to be acquired from the existing shareholders of M/s. Osiyaa Polypacks Limited;

Post-investment, our Company will hold an aggregate of 7,29,000 equity shares, representing approximately 14.58% of the paid-up equity share capital of M/s. Osiyaa Polypacks Limited, whose proposed share capital will stand at Rs. 5,00,00,000 (Rupees Five Crores only) divided into 50,00,000 equity shares of Rs. 10 each.

The target company is in the business of Manufacturing & packaging of PP granules to mesh (leno) bags for Vegetables, Potatoes, Fruits, Sugar, Cement, Fertilizer Bags and granulating of PP, PE recycling material, such as waste PP woven bag and tapes, waste PE shopping bag and film.

This acquisition aligns with our long-term strategy of diversifying our portfolio while investing in sectors that demonstrate both stability and growth potential. Our intention is to nurture and expand this business, maximizing value creation for all stakeholders and ensuring a sustainable, profitable future for the Company.

Shares of Getalong Enterprise Limited was last trading in BSE at Rs. 7.29 as compared to the previous close of Rs. 6.95. The total number of shares traded during the day was 15000 in over 3 trades.

The stock hit an intraday high of Rs. 7.29 and intraday low of 7.29. The net turnover during the day was Rs. 109350.00.

Source : Equity Bulls

Keywords

GetalongEnterprise INE0H1201020 ConsultingServices Investment OsiyaaPolypacks