Focus Lighting acquires 51% stake in LightAlive Solutions for Rs 5.20 crore
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Focus Lighting and Fixtures will acquire 51 percent stake (2,60,204 shares at Rs 200 each) in LightAlive Solutions Private Limited for Rs 5.20 crore in cash, making it a subsidiary. LightAlive operates in LED lighting and fixtures with FY26 turnover of Rs 24 crore and PAT of Rs 1.93 crore. The deal is in the same core line of business, aimed at synergies, wider product portfolio, and stronger market position. No regulatory approvals needed and completion is targeted within 120 days.
Adds a subsidiary in the core lighting business, bringing about Rs 24 crore turnover and international presence in UK, Australia and Singapore.