Getalong Enterprise Board Approves Rs 30 Lakh Investment in Osiyaa Polypacks Limited

Getalong enterprise Limited announced that its board of directors has approved a strategic investment in Osiyaa Polypacks Limited during a meeting held on 04th March, 2026. The decision represents the company's continued focus on diversifying its investment portfolio in sectors demonstrating stability and growth potential. Investment Details The board approved the acquisition of equity shares in Osiyaa Polypacks Limited with the following key parameters: Parameter: Details Number of Shares: 3,00,000 equity shares Price per Share: Rs 10 Total Investment: Rs 30,00,000 Acquisition Method: Preferential allotment Expected Completion: 31st March, 2026 Following this investment, Getalong Enterprise Limited will hold an aggregate of 10,29,000 equity shares in Osiyaa Polypacks Limited, representing approximately 18.71% of the paid-up equity share capital. Target Company Profile Osiyaa Polypacks Limited operates in the manufacturing and packaging industry, incorporated on 08th December, 2022. The company specializes in: Manufacturing and packaging of PP granules to mesh (leno) bags Products for vegetables, potatoes, fruits, sugar, cement, and fertilizer bags Granulating of PP and PE recycling material Processing waste PP woven bags, tapes, and PE shopping bags Financial Performance Osiyaa Polypacks Limited has demonstrated significant growth in its financial performance: Period: Turnover F.Y. 2024-25: Rs 25,78,131.33 01-04-2025 to 28-02-2026: Rs 3,63,57,096.58 Regulatory Compliance The investment transaction has been structured in compliance with regulatory requirements: The transaction falls within related party transactions Members' approval obtained in General Meeting held on 02nd July, 2021 for making investments in companies Specific approval for investment in Osiyaa Polypacks Limited received in General Meeting held on 29th September, 2025 Transaction conducted at arm's length No additional government or regulatory approvals required Share Capital Structure Post-transaction, Osiyaa Polypacks Limited's proposed share capital structure will be: Component: Details Authorized Share Capital: Rs 5,50,00,000 Number of Equity Shares: 55,00,000 Face Value per Share: Rs 10 The board meeting commenced at 02:30 p.m. and concluded at 03:00 p.m. on 04th March, 2026. The company stated that this acquisition aligns with its long-term strategy of diversifying its portfolio while investing in sectors that demonstrate both stability and growth potential, with the intention to nurture and expand the business for value creation. Getalong Enterprise Limited has announced that its promoter, Westpac Investments Limited, has acquired additional equity shares in the company through open market transactions. The acquisition took place on January 21, 2026, and has been disclosed in compliance with SEBI regulations. Share Acquisition Details Westpac Investments Limited purchased 1,20,000 equity shares of Getalong Enterprise at ₹6.86 per share through open market transactions on BSE Limited. The total value of this acquisition amounts to ₹8.23 lakh. Parameter: Details Number of Shares Acquired: 1,20,000 Price per Share: ₹6.86 Total Transaction Value: ₹8.23 lakh Mode of Acquisition: Open Market Exchange: BSE Limited Transaction Date: January 21, 2026 Shareholding Pattern Changes The acquisition has resulted in an increase in Westpac Investments Limited's shareholding in Getalong Enterprise. The promoter's stake has grown from 37.19% to 37.76% following this transaction. Shareholding Details: Before Acquisition After Acquisition Change Number of Shares: 78,70,000 79,90,000 +1,20,000 Percentage Holding: 37.19% 37.76% +0.57% Total Voting Rights: 37.19% 37.76% +0.57% Company Share Capital Structure Getalong Enterprise Limited's equity share capital remains unchanged at ₹2.12 crore, divided into 2,11,60,000 equity shares of ₹1 each. The total voting capital and diluted share capital of the company also remain at the same level post-acquisition. Regulatory Compliance The company has submitted the required disclosures to BSE Limited under multiple SEBI regulations: Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 Both Getalong Enterprise Limited and Westpac Investments Limited have filed the necessary forms and documentation with the stock exchange. The disclosures were signed by Harsha Vikram Jain, Managing Director of Getalong Enterprise (DIN: 01525327), and Rahul Vikram Jain, Director of Westpac Investments Limited (DIN: 01031284). About the Companies Getalong Enterprise Limited is an ISO 9001:2015 certified company listed on BSE Limited with scrip code 543372 and ISIN INE0H1201020. Westpac Investments Limited (CIN: U67190MH1995PLC089745) serves as one of the promoters of Getalong Enterprise and is based in Mumbai. 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