International Conveyors Limited — JV/Acquisition, 17-06-2025: Acquisition

International Conveyors Limited has announced a board meeting on the acquisition of 710 Compulsory Convertible Preference Shares of JSW One Platforms Ltd. The deal size stands at ₹40.24 Cr. JSW One is a tech-driven B2B e-commerce platform focused on serving India’s construction and manufacturing MSMEs with procurement, credit, fulfillment, and private brands. With a strong revenue ramp from ₹337 Cr (FY23) to nearly ₹3,963 Cr (FY25), this investment aims to leverage digital capabilities and deepen presence in the growing construction and manufacturing supply chain segment.