Outcome of Board meeting dated 30.01.2026
Price
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Awaiting price reaction for this filing.
Stovec Industries Ltd, a subsidiary of Dutch-based SPGPrints B.V., announced that its Board of Directors approved the acquisition of certain intellectual property rights (IPR) from its parent company on January 30, 2026. The IPR includes technical know-how, designs and drawings, manufacturing processes, trademarks, and related rights for Rotary Screen-Printing Machines and Nova Screens. The transaction is a material related party transaction, approved by the Audit Committee and Board, but still requires shareholder approval. Stovec is a subsidiary of SPGPrints B.V., The Netherlands, making this a related-party deal.
This acquisition will make Stovec the outright owner of key IP in its core rotary screen-printing business, reducing its dependence on the parent for technology and trademarks. Shareholders should note this is a related-party transaction with the promoter group, so the deal valuation and fairness should be reviewed carefully when it comes for member approval.