Stock Report

POCL Enterprises Ltd completes acquisition of 51% stake in Trichy Metals and Alloys Pvt Ltd

Posted On : 2026-07-15 21:00:54( TIMEZONE : IST )

POCL Enterprises Ltd has completed the acquisition of 51% of the Equity shares of Trichy Metals and Alloys Private Limited ("TMA") on July 15, 2026 by way of -

(i) acquisition of equity shares from the existing equity shareholders of TMA by Share Purchase Agreement; and

(ii) further subscription to the equity shares of TMA on a preferential basis by Share Subscription-cumShareholders' Agreement.

Consequent upon the completion of the aforesaid transaction, Trichy Metals and Alloys Private Limited has become a subsidiary of POCL Enterprises Limited with effect from July 15, 2026.

Strategic rationale for the Acquisition of Trichy Metals and Alloys Private Limited:

Trichy Metals and Alloys Private Limited (CIN: U27205TN2019PTC127419) is a private limited company incorporated on 12/02/2019, having its registered office situated at Trichy, Tamil Nadu. TMA is engaged in the business of manufacturing of lead ingots and other metals, trading in metals and alloys, and other incidental objects connected. It has an installed refining capacity of approx. 26,000 MTPA and a smelting capacity of approx. 21,500 MTPA, providing an overall revenue potential of approximately Rs. 600 crores p.a. TMA reported a turnover of Rs. 163.74 crores and profit after tax of Rs. 3.60 crores for the financial year ended March 31, 2026.

TMA is a profitable company with an established brand name and a well-developed domestic supply chain network. It is in the process of obtaining approval from the Ministry of Environment, Forest and Climate Change (MoEF) for the import of lead scrap and presents significant opportunities for diversification into other non-ferrous metals, including copper and aluminium. Considering these strategic, operational and commercial strengths and the long-term growth potential of TMA, the said acquisition is in the best interests of the Company.