Texmaco Rail & Engineering533326Acquisition deal news
Texmaco's defence arm to acquire 100% of Indolem Technologies Systems for INR 8,00,000 cash
100%Shareholding acquired
- Target Company
- Indolem Technologies Systems Private Limited (ITSPL)
- Stake Acquired
- 100% of shareholding
- Consideration
- INR 8,00,000 in cash
- Signing Date
- 30 Sep 2026
- Expected Closing Timeline
- within 30 business days
Texmaco's defence arm to acquire 100% of Indolem Technologies Systems for INR 8,00,000 cash.
Target incorporation
SPA signed
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More numbers
- Cost of acquisitionINR 8,00,000
- Shareholding acquired100% of the shareholding of ITSPL
- Target paid-up capitalINR 1,00,000
- Completion periodWithin 30 business days
- ConsiderationINR 8,00,000
Source: BSE · 30 Sep 2026
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