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Nature of the Business

MOI SOI describes itself as a Pan Asian packaged food and beverages brand. Its product portfolio comprises instant meals inspired by Asian cuisines, a range of sauces and canned beverages. The brand is positioned within the fast‑moving consumer goods sector and targets consumers seeking convenient Asian‑style food options.

Structural Implications

Following the investment, the shareholding pattern of Ceres Foods Private Limited reflects a minority stake held by the two institutional investors, while the founder retains control. The transaction does not alter the founder’s position as the majority shareholder, thereby preserving existing governance arrangements. The infusion of capital is intended to support the company’s expansion plans, product development and market outreach, although specific utilisation details were not disclosed in the public announcement.

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Regulatory and Procedural Context

The fundraise was structured as a private placement of equity securities to qualified institutional investors. The advising law firms were responsible for conducting due diligence, drafting the investment agreements, ensuring compliance with the Companies Act 2013, the Securities and Exchange Board of India (SEBI) regulations governing private placements, and any applicable foreign investment guidelines. The firms also assisted in negotiating representations, warranties and indemnities customary in such transactions.

Conclusion

The successful closure of this inaugural institutional round marks a milestone for MOI SOI in its growth trajectory. The involvement of specialised corporate law practices—DSK Legal, IC RegFin Legal and Sarvaank Associates—underscores the transaction’s reliance on expert legal counsel to navigate the procedural and regulatory requirements associated with private equity investments in the consumer goods sector.

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