ScoutQuest14 Oct 2026
Sharvaya Metals544506Acquisition deal news

Sharvaya Metals to buy 100% of Success Electronics for Rs 30.24 crore in share swap

By ScoutQuest · · 1 min read

Stake Acquired
100% of the total paid-up share capital of Success Electronics Private Limited (2,00,000 equity shares)
Consideration
up to 21,00,000 fully paid-up equity shares of face value INR 10/- each at INR 144/- per equity share, aggregating to INR 30.24 crore
Swap Ratio
2:21, non-cash share swap
Target
Success Electronics Private Limited
Transaction
Acquisition of 100% share capital via share swap (non-cash consideration)

Sharvaya Metals to buy 100% of Success Electronics for Rs 30.24 crore in share swap.

Date of incorporation of Success
Relevant date for preferential issue
Board meeting
Date of incorporation of Success 18 Jul 2016 · Relevant date for preferential issue 7 Oct 2026 · Board meeting 14 Oct 2026
More numbers
  • Total consideration for acquisitionINR 30,24,00,000
  • Swap shares to be issued21,00,000
  • Issue price per swap shareINR 144
  • Equity shares of Success to be acquired2,00,000
  • Paid-up share capital of SuccessINR 2,00,00,000
  • Turnover of Success (H1 as on Sept 30, 2026)INR 4.48 Crores
  • Net profit of Success (H1 as on Sept 30, 2026)INR 88.61 lacs
  • Revenue of Success FY 2025-26₹10.36 crore
  • Profit after tax of Success FY 2025-26₹1.01 crore
Source: BSE · 14 Oct 2026

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