Rollatainers to acquire Satelite Forgings shares for up to Rs 100 Cr; AGM addendum issued

Board approved an addendum to the 55th AGM notice (Sept 30, 2026) to seek shareholder approval for acquiring shares of Satelite Forgings Pvt Ltd, a related party sharing a common ultimate beneficial owner. Satelite Forgings manufactures forged and machined auto components for OEMs and railways. Deal value up to Rs 100 Crores, funded via securities, internal accruals or cash. Valuation done by GN Fair Valuation. Classified as a material related party transaction needing a special resolution; related parties cannot vote.