White Organic Retail Limited (BSE: 542667), a key player in the organic and natural products industry, has announced that it is engaged in preliminary discussions for a potential acquisition of Manara Healthcare Private Limited, a prominent ayurvedic skincare manufacturer based in Kochi, Kerala.

Potential Acquisition Details

The proposed acquisition is currently in its early stages, and no definitive agreements have been finalized. As per the disclosure, if the acquisition moves forward, it will be executed as a cashless share swap transaction, meaning no direct cash outflow will be involved.

The company’s official filing with the BSE Limited confirms that discussions are ongoing and that further material developments will be disclosed in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

About Manara Healthcare Private Limited

Manara Healthcare Private Limited is a leading Ayurvedic skincare company based in Kochi, Kerala. The company specializes in herbal and organic skincare solutions that are widely recognized for their natural formulations and therapeutic benefits.

Regulatory Compliance and Stakeholder Communication

White Organic Retail Limited has assured investors that it will continue to adhere to SEBI’s disclosure norms and provide timely updates regarding the potential acquisition.

In accordance with SEBI Listing Regulations, the company will promptly inform stakeholders once discussions progress towards a binding agreement or a material change in negotiations.

Impact on White Organic Retail Limited

The potential acquisition aligns with White Organic Retail’s strategic expansion into the Ayurvedic personal care segment, leveraging Manara Healthcare’s strong presence in the herbal skincare market.

If the deal materializes, it could:

• Strengthen White Organic Retail’s portfolio by integrating Ayurvedic skincare products.

• Expand its market reach in the organic and natural beauty sector.

• Enhance shareholder value by leveraging synergies between the two companies.

Conclusion

While no final agreement has been reached, White Organic Retail Limited’s move to explore the acquisition of Manara Healthcare signals its commitment to expanding in the Ayurvedic wellness industry. Investors and stakeholders can expect further updates as discussions progress.

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