Jubilant Ingrevia543271Stake acquisition deal
Jubilant Ingrevia to incorporate WOS Jubilant Advanced Electronics; 40% Zettaone stake to be bought via WOS, up to Rs.10,00,00,000
40%Strategic equity stake in Zettaone
- Stake to be Acquired
- 40% strategic equity stake in Zettaone Technologies India Private Limited to be acquired through the WOS
- Wholly Owned Subsidiary
- Jubilant Advanced Electronics Limited - 100% of the initial paid-up share capital
- Consideration
- up to Rs.10,00,00,000/- i.e. up to 1,00,00,000 equity shares of face value of Rs 10/- each at par value (i.e. Rs 10/- per share at par)
- Business Purpose
- The WOS will be engaged in the business of manufacturing of Electronic Products and Semi-Conductor
- Target
- Jubilant Advanced Electronics Limited (wholly owned subsidiary being incorporated); Zettaone Technologies India Private Limited (40% strategic equity stake to b
Jubilant Ingrevia to incorporate WOS Jubilant Advanced Electronics; 40% Zettaone stake to be bought via WOS, up to Rs.10,00,00,000.
Prior disclosure of Binding Term Sheet with Zettaone
Board meeting approving WOS incorporation
Date and time of occurrence of event
Also from Jubilant Ingrevia
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Board approves amendment to ESOP Plan 2021, raising option pool from 20,00,000 to 30,00,000 stock options
1 Oct 2026
More numbers
- Consideration for subscription to WOS sharesRs.10,00,00,000/-
- Equity shares of WOS to be subscribed1,00,00,000
- Face value per share of WOSRs 10/-
- Strategic equity stake in Zettaone40%
Source: BSE · 1 Oct 2026
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