Sundrop Brands promoter increases stake through off-market share acquisition

Sundrop Brands Limited (formerly known as Agro Tech Foods Limited) disclosed an off-market acquisition by its promoter, CAG-TECH (Mauritius) Limited, on December 26, 2025.

The acquisition, executed on December 23, 2025, involved 1,881,073 equity shares, representing 4.99% of the total share/voting capital.

Prior to this acquisition, CAG-TECH (Mauritius) Limited held 12,785,449 shares, or 33.92% of Sundrop Brands' total share/voting capital. Following the acquisition, the promoter's holding increased to 14,666,522 shares, corresponding to 38.91% of the total share/voting capital and 37.45% of the total diluted share/voting capital. This move was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.