Smiths & Founders (India) Ltd — Important, 17-06-2026: Company Update

Smiths & Founders (India) Limited has executed a Merger Agreement to merge SKF Elixer India Private Limited into the company. This strategic move aims for significant growth and diversification within the Engineering and Capital Goods sector. Smiths & Founders reported a turnover of 13.98 Cr, while the merging SKF Elixer India Private Limited has a substantially larger turnover of 235.45 Cr. This merger is expected to expand the company's operational scale and market presence, benefitting shareholders.