Euro Panel Products Limited has informed the Exchange regarding a press release dated May 08, 2026, titled "Press Release.".
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Euro Panel Products Limited (Eurobond) has incorporated a new majority-owned subsidiary, EuroSealant Private Limited, marking its diversification from Aluminium Composite Panels into the sealants market. The India Sealants Market was valued at INR 3,232 crore in 2025 and is projected to grow to INR 4,936 crore by 2031 at a CAGR of 7.31%. Silicone sealants held 46.20% market share in 2025 and are tracking the fastest growth at 8.33% CAGR through 2031. EuroSealant will launch professional-grade silicone sealants for construction applications including sealing, waterproofing, and structural bonding. The company celebrated its 25th year of operations and exports to over 23 countries across the Americas, Europe, Middle East, and Africa.
The diversification into a high-growth sealants market represents a natural product adjacency that could open new revenue streams, though near-term financial impact is limited as this is an early-stage subsidiary launch.