Announced Wed, 1 Jul · 18:53 IST
POCL Enterprises to acquire 51% stake in Trichy Metals and Alloys
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
+8.2%1-day move
₹168.00
prior close
₹170.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.3+3.6+4.1—+8.2+12.3+10.4+6.9+10.3+7.8+2.0———
Up moveDown movePending
AI summary
POCL Enterprises board approved acquiring 51% stake in Trichy Metals and Alloys (TMA) for about Rs. 12.47 crores in cash. POEL will buy 69,310 equity shares at Rs. 1,799 per share. TMA makes lead ingots, has refining capacity of 26,000 MTPA, and posted FY26 turnover of Rs. 163.74 crores with profit of Rs. 3.60 crores. The deal is not a related party transaction. TMA will become a subsidiary of POEL on completion by August 30, 2026.
Likely market impact
Acquisition will add about Rs. 164 crores of annual revenue and boost market share in lead recycling. TMA to be consolidated as subsidiary.