Announcement under Reg 30-Acquisition
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BCC Fuba India Ltd has completed the acquisition of a 51% equity stake (51,000 shares) in Iogems Technologies Private Limited (ITPL) on January 23, 2026, for a total cash consideration of INR 5,10,000 at Rs. 10 per share. ITPL is a newly incorporated entity (October 23, 2025) in the Electronic Manufacturing Services (EMS) segment with no turnover yet. The acquisition is a non-related-party transaction aimed at forward integration, allowing BCC Fuba to expand its value chain beyond its existing Printed Circuit Board (PCB) manufacturing business into EMS. No regulatory approvals were required and the deal closed on the same day it was announced.
This is a small, strategic tuck-in acquisition (less than Rs. 5.2 lakh) into a complementary EMS business, expanding BCC Fuba's electronics manufacturing footprint. While the financial impact is minimal due to ITPL's nascent stage, shareholders should watch for future capital infusion and operational scaling of the new subsidiary.