Prataap Snacks Limited (DIAMONDYD) — Announcement | 10 April 2026

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📢 Key Event
Mandatory open offer triggered for 26% Haldiram stake

🔄 What Changed
Open offer obligation activated post-96% stake acquisition

💡 Investor Takeaway
Shareholders should note the open offer creates potential dilution and regulatory scrutiny around the Haldiram acquisition.

Prataap Snacks Limited announced a mandatory open offer for 26% stake in Haldiram Foods International Private Limited following its acquisition of a 96% stake, triggering regulatory compliance under SEBI Takeover Regulations. The move signals strategic expansion into the organized snacking segment with full open offer obligations now in place.

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About Prataap Snacks Limited (DIAMONDYD)

Fast Moving Consumer Goods · Food Products · Listed on NSE

Market Cap: ₹2,400.75 Cr P/E: 185.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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