This intimation is in connection with and in revision of the earlier intimation given by the Company on 04th February 2026.
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Awaiting price reaction for this filing.
Hind Aluminium Industries is acquiring the aluminium grills, doors and windows business operating under the 'Elesar Focchi' brand from Nirav Commercials Limited on a slump sale (going concern) basis. The deal is a Material Related Party Transaction, since both companies share common promoters who hold 66.47% in Hind Aluminium and 51.95% in the seller. The acquisition price is INR 1.25 Crores in cash, with completion expected by March 31, 2026, subject to shareholder approval. The Elesar Focchi undertaking posted turnover of INR 9.64 Cr (FY25), INR 10.37 Cr (FY24), and INR 9.27 Cr (FY23), and has been in operation since 1997. This filing revises an earlier intimation made by the company on 4th February 2026.
The acquisition adds an established branded product line in aluminium architectural products, supporting the company's stated growth strategy. However, as a small-ticket (INR 1.25 Cr) related-party deal at arm's length, the financial impact on Hind Aluminium is likely modest in the near term.