Syrma to acquire 49% of KSolare for Rs 83.3 crore

Listed Co AcquisitionMarquee Jv AnnouncedStrategic Transactions View source PDF Explain this filing

SYRMA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹765.25

prior close

₹777.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%+1.0% vs market

Industrial Products peers, median of 113sector-0.1%+0.9% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Smallcap 250 and 0.9 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

-0.7

15m

-0.6

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9-0.2+1.0-0.1+0.9

Next day

-0.6+0.5-1.1-0.7+0.1

+4.4+0.6+3.8-0.8+5.2

+6.4+1.0+5.3-0.4+6.8

+7.6+1.0+6.6+0.0+7.5

+6.2+0.4+5.8-0.8+7.0

+2.5+0.4+2.1-1.2+3.8

15d

+18.3-0.3+18.5-4.5+22.7

+6.9-3.7+10.6-7.8+14.7

-4.2-3.5-0.7-9.9+5.8

-13.6-11.0-2.6-19.1+5.5

UpDownMarket · Nifty Smallcap 250Sector · Industrial Products peers, median of 113Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

On October 23, 2025, Syrma's Board approved buying 49% of KSolare Energy for Rs 83.3 crore in cash. Premier Energies will buy the remaining 51% for Rs 86.7 crore, taking total consideration to Rs 170 crore. KSolare makes residential solar inverters with Pune capacity of 500,000 units a year. Revenue rose from Rs 145 crore in FY23 to Rs 226 crore in FY24 and Rs 342 crore in FY25. Completion is due within 90 days, subject to conditions.

Likely market impact

Extends Syrma into solar inverters and supports growth, but adds integration and minority-stake risk. KSolare's FY25 revenue rose 51% to Rs 342 crore.