Announcement udner regulaiton 30

Listed Co AcquisitionStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-2.0%1-day move

₹73.15

prior close

₹71.80

base price

In-mkt

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+0.0+0.0+0.0+0.0-2.0-3.9-5.8-4.0-4.0-5.9-8.6+10.7-6.2-11.8

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AI summary

Maruti Interior Products Ltd has completed the acquisition of 100% stake in HA & DL Holdings Pte. Ltd (Singapore) for a cash consideration of USD 2,011,000. HA & DL Holdings owns Vina Metal Recycling Co. Limited (VMR), a Vietnam-based company that produces and exports stainless steel and recycled metal products. VMR is the only company holding a BIS license to export stainless steel products to India. The target reported turnover of Rs 17 crore (FY23), Rs 22 crore (FY24), and Rs 14 crore (FY25). The company stated the acquisition will add significantly to its topline and bottomline. RBI approval has been obtained and the deal is not a related party transaction.

Likely market impact

This acquisition is expected to materially boost Maruti Interior Products' revenue and profits, while giving it exclusive access to BIS-licensed stainless steel imports from Vietnam. The relatively small purchase price (~$2 million) against potentially meaningful topline addition could be a positive catalyst for the stock, though execution and integration risks remain.