Board approves 100% acquisition of Penta Automation for about INR 19.8 crores
BATLIBOI · price
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Batliboi board approved acquiring 100% of Penta Automation Systems (plus its unit PAtS Robotics) for about INR 19.8 crores in cash. Penta and PAtS provide industrial automation and robotics solutions, with combined FY26 revenue of INR 25.17 crores. Deal is 80% upfront (INR 15.84 cr) and 20% deferred over 5 years. Not a related-party deal. Expected to close by 31 July 2026.
Diversifies into industrial automation and robotics, complementary to existing business. Should be value-accretive. Closure expected by 31 July 2026.