LEAP India Ltd press release
LEAP India's board approved the acquisition of the Vimprotech and TIPS business undertakings through its wholly owned subsidiaries, with business transfer agreements signed on October 26, 2026.
By ScoutQuest · · 1 min read
- Acquisition Target
- Vimprotech and TIPS business undertakings
- Agreement Signed Date
- October 26, 2026
- Acquisition Structure
- through its wholly owned subsidiaries
- Release
- Deal / acquisition
📌 LEAP says buying Vimprotech adds designing, mould making and production for its container business in South India, reducing reliance on third-party suppliers.
🏭 LEAP says TIPS strengthens its core pooling business and expands product offerings in the automotive segment across South India's automotive corridors.
📈 Mr. Sunu Mathew, Chairman, MD & CEO, says the deals will accelerate LEAP's long-term margin profile and create immediate cross-selling opportunities.
Also from LEAP India
LEAP India makes audio recording of Oct 27, 2026 Q2 FY2026-27 earnings conference call available
27 Oct 2026
Ind-Ra upgrades TARON's INR 2,000 million bank loan facilities to IND A+/Stable/IND A1+ from IND A/Stable/IND A1
27 Oct 2026
LEAP India subsidiaries to buy Vimprotect for Rs. 102 crore and TIPS for Rs. 40 crore
26 Oct 2026
More numbers
- Consideration, Vimprotech businessRs. 102 crores
- Consideration, TIPS businessRs. 40 crores
- Vimprotech FY2025-26 revenueRs. 47 crores
- TIPS FY2025-26 revenueRs. 18 crores
- Valued customers added to networkover 200
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