The company made the announcement during trading hours today, 12 August 2014.

Meanwhile, the BSE Sensex was up 166.09 points, or 0.65%, to 25,685.33.

On BSE, so far 8,591 shares were traded in the counter, compared with an average volume of 5,494 shares in the past one quarter.

The stock hit a high of Rs 339.60 and a low of Rs 330 so far during the day. The stock hit a record high of Rs 408.10 on 18 June 2014. The stock hit a 52-week low of Rs 94.40 on 12 November 2013.

The stock had underperformed the market over the past one month till 11 August 2014, falling 9.65% compared with 1.98% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 123.07% as against Sensex's 10.98% rise.

The small-cap company has an equity capital of Rs 25.01 crore. Face value per share is Rs 10.

Rollatainers said it signed definitive agreements to acquire stake along with the management control in Barista Coffee Company (a subsidiary of Lavazza) through its wholly owned subsidiary, Carnation Hospitality.

Barista operates the second largest coffee chain in India with the presence in the UAE, Nepal, Bangladesh and Myanmar. The entry into the coffee sector complements Rollatainers' existing presence in the casual and fine dining restaurant sectors and food services sub-sector, the company said in a statement.

Rollatainers is one of the largest integrated packaging company in the country. With its state-of-the-art infrastructure in Haryana and Karnataka, Rollatainers is catering to a wide spectrum of packaging requirements for the last three decades. It offers innovative and efficient product ranges that straddle all segments of packaging from printed lined cartons, laminates to machinery.