Abhishek Narbaria and Umesh Kumar Sahay agreed to acquire 52.28% stake in Synthiko Foils Limited from Ramesh Dadhia, Urmila Ramesh Dadhia, Bhavesh R Dadhia, Neha H. Dadhia and Yogesh Ramesh Dadhia for approximately INR 110 million.

Abhishek Narbaria and Umesh Kumar Sahay agreed to acquire 52.28% stake in Synthiko Foils Limited (BSE:513307) from Ramesh Dadhia, Urmila Ramesh Dadhia, Bhavesh R Dadhia, Neha H. Dadhia and Yogesh Ramesh Dadhia for approximately INR 110 million on May 2, 2025. A cash consideration of INR 111.89 million valued at INR 123 per share will be paid by the buyer. As part of consideration, INR 111.89 million is paid towards common equity of Synthiko Foils Limited.

As per the announcement dated August 25, 2025 Abhishek Narbaria and Umesh Kumar Sahay has acquired 2,89,640 shares representing 7.23% stake in Synthiko Foils Limited.