ALPHA TRIBE

Springform Technology LtdOthers, 14-07-2025: Others

14-07-2025 | 04:56 pm

Springform Technology has announced key board decisions. The company will acquire 100% of Inertia Aluminium Private Limited for ₹1 lakh in cash, making it a wholly-owned subsidiary. This move aligns with Springform's strategy to extract high-value products from aluminium, enhancing its core business. Inertia Aluminium, involved in manufacturing and trading aluminium products, had a turnover of ₹0.51 Cr in FY24. Additionally, Springform has established a new Corporate Office in New Delhi and decided to relocate its books of accounts there, streamlining operations.

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