Zomato Pick Up 16.66% Stake in Mukunda Foods
Zomato board on March 15 picked up a 16.66% stake in Mukunda Foods Private Limited for cash consideration of Rs. 37.5 crore. The acquisition will be made via a subscription of 13,289 convertible preference shares and 10 % equity shares. Zomato said in a regulatory filing, “We are glad to inform that our board of…
Aman Goyal