Announced Wed, 1 Jul · 18:46 IST
POEL to acquire 51% stake in Trichy Metals and Alloys for Rs 12.47 cr
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 (69,310 shares at Rs 1,799 each) in Trichy Metals and Alloys Pvt Ltd for about Rs 12.47 crores in cash. TMA makes lead ingots with 26,000 MTPA refining and 21,500 MTPA smelting capacity, FY26 turnover Rs 163.74 cr, PAT Rs 3.60 cr. TMA will become a subsidiary of POEL. Deal expected to close by August 30, 2026. Not a related party transaction.
Likely market impact
TMA becomes a POEL subsidiary, adding lead recycling capacity and about Rs 164 cr revenue. Strengthens POEL's non-ferrous metals market share.