💨 Abstract

On May 30, IFB Agro Industries Ltd's board approved the acquisition of Cargill India's shrimp and freshwater fish feed business. The deal includes plants in Andhra Pradesh and related assets, aiming to bolster IFB’s aqua feed operations. The transaction, expected to close by July 31, 2025, aligns with IFB’s growth strategy in this segment. The consideration will be cash, with the exact amount to be finalized.

Courtesy: theprint.in