Agro Tech Foods Limited, now operating as Sundrop Brands Limited since 8 Mar 25, announced that it has received trading approvals from both BSE and NSE for 1,33,27,589 equity shares. These shares, with a face value of ₹10 each, were issued at a premium of ₹965.5 per share, bringing the total issue price to ₹975.5 per share.

The preferential issue of shares to non-promoter category allottees is in exchange for shares of Del Monte Foods Private Limited. Trading commenced on 13 Mar 25. This development follows previous communications on 14 Nov 24, 29 Jan 25, 5 Mar 25, and 7 Mar 25.

The allottees and their respective share allocations are:

• DMPL India Limited: 54,25,096 shares
• Bharti (SBM) Holdings Private Limited: 30,66,167 shares
• Bharti (RBM) Holdings Private Limited: 19,16,355 shares
• Bharti (RM) Holdings Private Limited: 19,16,355 shares
• Bharti (Satya) Trustees Private Limited (on behalf of Bharti (Satya) Family Trust): 7,66,542 shares
• Bharti Enterprises Limited: 2,37,074 shares

The lock-in period for these shares is set to expire on 30 Sep 25.