Springform Technology Ltd — Updates, 14-07-2025: Company Update

Springform Technology's Board has approved acquiring 100% equity of Inertia Aluminium Private Limited for ₹0.01 Cr in cash. This makes Inertia Aluminium a wholly-owned subsidiary. The acquisition, a related party transaction, aims to align with Springform's core business of extracting high value-added products from Aluminium. Inertia Aluminium, engaged in manufacturing and trading aluminium products, reported a turnover of ₹0.51 Cr for the financial year ending March 2024. This strategic move enhances Springform's operational capabilities and expands its presence in the aluminium product market.