Sunlite Recycling Industries Limited — JV/Acquisition, 06-02-2026: Acquisition

SUNLITE RECYCLING INDUSTRIES (SUNLITE) has completed the acquisition of Sunlite Aluminium Private Limited (SAPL). SUNLITE now owns 100% of SAPL after acquiring 10,000 equity shares using a mix of cash and a shares swap. This strategic move makes SAPL a wholly-owned subsidiary, signaling a clear push for greater operational control and synergy within SUNLITE's recycling business. The acquisition is expected to streamline operations and consolidate financial performance, reinforcing the company's position in the aluminium value chain.