In their latest filing
“Company has acquired I00% Equity shares of Mohit Agro Commodities Processing Private Limited on 9th September, 2020, making it a wholly owned subsidiary of the Company”
Couple of things on this .
The promoter of MACPPL is also of promoter of Gujarat Ambuja Exports Limited and the acquisition would fall within the related party transaction.
Cost of acquisition or the price at 16,00,000 Equity Shares @INR 79/- =12.6 Crore
Turnover of MACPPL of last 3 years is Nil