Rajoo Engineers Limited has informed the Exchange about the acquisition of a 60% stake in Kohli Printing and Converting Machines Private Limited
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Rajoo Engineers Limited has completed the acquisition of a 60% equity stake in Kohli Printing and Converting Machines Private Limited, making it a subsidiary of the listed company. The deal was done in cash and is not a related-party transaction. Kohli has a 70-year legacy in designing and manufacturing precision printing, coating, and laminating machines for flexible packaging and industrial use. It reported a turnover of INR 103.05 crore in FY2024-25 (unaudited), with no turnover in the prior two years as the business was only recently transferred from its partnership form. The acquisition follows an earlier intimation dated September 10, 2025, and is part of Rajoo's stated strategy of inorganic growth to offer end-to-end solutions, expand global reach, and improve margins.
This is a positive development for Rajoo Engineers shareholders as it diversifies and strengthens its product portfolio in the flexible packaging machinery space, adds meaningful revenue (potentially around INR 60+ crore to consolidated topline), and aligns with management's stated growth and margin expansion strategy.