NAPS Global India Ltd

Dematerialisation processing and listing

• Dematerialisation requests processed; confirmations of acceptance/rejection sent to depositories.
• Securities dematerialised have been listed on the stock exchanges where the existing securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification; depositories substituted as registered owner.

Target Entity & Background

• Mercaze Private Limited, incorporated August 2, 2025, operates in garment and textile manufacturing, designing, processing, and trading in India.
• Founders include Ronak Mahesh Mistry, Pankaj Sunder Jain, and Chandra Ghosh.

Size and Shareholding

• Authorized capital Rs. 2 crore; paid-up capital Rs. 1.1 crore; turnover nil as of incorporation.
• Acquisition of 10,00,000 equity shares representing 90.91% shareholding completed.

Transaction Details

• Acquisition is a related party transaction; Mercaze is a subsidiary of NAPS Global India Limited.
• Consideration paid was Rs. 1 crore in cash.
• Acquisition completed on December 30, 2026, with shares allotted.

Industry and Strategic Rationale

• Operates in textile and garment manufacturing and trading sector.
• Acquisition aims to expand business operations, increase revenue, and enhance market share aligned with acquirer's main business.

Regulatory Approvals

• No governmental or regulatory approvals required for the acquisition.

Target Entity & Business

• Purple Impex India Private Limited, subsidiary of NAPS Global India Limited, incorporated April 4, 2025.
• Engaged in trading, exhibiting, distribution, buying, selling, importing, exporting, and marketing goods and services in India.

Size & Shareholding

• Authorised capital Rs. 2 crore; paid-up capital Rs. 1.51 crore; turnover nil (newly incorporated).
• Acquisition of 15,10,000 equity shares representing 99.33% of share capital.

Transaction Details

• Related party transaction; promoter/promoter group has interest in Purple Impex India Private Limited.
• Acquisition completed on December 31, 2025.
• Cash consideration of Rs. 1.5 crore paid for acquisition.

Strategic Rationale

• Acquisition aims to expand business operations, increase revenue, and enhance market share.
• Transaction aligns with NAPS Global India Limited’s main line of business.

Regulatory Approvals

• No governmental or regulatory approvals required for the acquisition.