Announced Wed, 15 Jul · 18:07 IST
POCL acquires 51% in Trichy Metals and Alloys, makes it subsidiary
Price
▲ 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
-1.3%1-day move
₹176.75
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.3-1.6-3.8-4.9-3.1+1.0————
Up moveDown movePending
AI summary
POCL Enterprises completed acquiring 51% in Trichy Metals and Alloys (TMA) for about Rs. 12.47 crores in cash at Rs. 1,799 per share. TMA makes lead ingots and non-ferrous metals with 26,000 MTPA refining capacity. Turnover grew from Rs. 103.97 cr (FY24) to Rs. 163.74 cr (FY26), PAT Rs. 3.60 cr. Revenue potential about Rs. 600 crores a year. TMA is now POEL's subsidiary. Not a related party deal. Acquisition strengthens POEL's lead recycling business.
Likely market impact
TMA as subsidiary adds Rs. 163 cr revenue scale; small Rs. 12.47 cr cash deal with minimal dilution. Lead recycling fits POEL core.