The Supreme Industries Limited (NSEI:SUPREMEIND) signed a Memorandum of Understanding to acquire Business of Parvati Agro Plast for INR 2.35 billion on August 24, 2023. The consideration to be paid in cash. The product turnover of Parvati Agro Plast for FY 2022-23, was INR 900 million. The transaction is expected to complete till October 31, 2023.

The Supreme Industries Limited (NSEI:SUPREMEIND) completed the acquisition of Business of Parvati Agro Plast on October 17, 2023.