Jash Engineering amends SPA to acquire 90% in WesTech Process Equipment India

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-0.2% vs market

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On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and in line with its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Jash Engineering amended its Share Purchase Agreement dated Dec 11, 2025 for acquiring 90% (53,99,849 equity shares) of WesTech Process Equipment India. Revised Long Stop Date: Jan 23, 2026. Revised acquisition value: Rs 29.11 crore in cash. WesTech turnover was Rs 56.01 crore in FY25. Acquisition gives strategic entry into mining, metal and paper process equipment segment. Not a related party transaction. WesTech will become subsidiary of Jash Engineering.

Likely market impact

Adds about Rs 56 crore revenue scale and entry into fast-growing process equipment segment in mining, metal and paper.