India, May 6 -- Under the agreement, Sriaqua Seafoods will begin operating under the Kings Infra brand

Kings Infra Ventures has signed an agreement for the proposed acquisition of Sriaqua Seafoods, a merchant exporter based in Vishakhapatnam, Andhra Pradesh. The acquisition, which will be executed under a performance-linked structure, marks a key step in expanding Kings Infra's footprint across the global seafood value chain.Under the agreement, Sriaqua Seafoods will begin operating under the Kings Infra brand from the date of signing. All existing contracts and order books of the firm will be honoured under Kings Infra's management. The acquisition is structured as a transfer of business on a going concern basis, with valuation subject ...