Funds Advised by Convergent Finance and Samara Capital to Acquire an Additional 4.99% Stake in Sundrop Brands
Dec 24, 2025
Mumbai (Maharashtra) [India], December 24: Funds advised by Convergent Finance LLP ('Convergent') and leading private equity firm Samara Capital ('Samara') through their jointly owned and controlled company, CAG-Tech Mauritius Limited ('CAG-Tech'), have signed definitive documents for the acquisition of an additional 4.99% stake in Sundrop Brands Limited ('Sundrop') from DMPL India Ltd ('DMPL'), an Indian subsidiary of US-based food company, Del Monte. Pursuant to the deal, CAG-Tech, the promoter of Sundrop, will increase its holding to 38.91%.
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