Maximus International Limited is making a strategic move, announcing Board approval to acquire a 40% equity stake in Quebec Petroleum Resources Limited for Rs. 18.43 Cr cash. This marks Maximus International's entry into India's domestic lubricant market, complementing its Middle East and Africa export operations. Quebec Petroleum, a Vadodara-based lubricant manufacturer and petroleum products distributor, reported a FY25 turnover of Rs. 184.73 Cr. The acquisition leverages Quebec's established Indian manufacturing and distribution network, aiming for operational synergies and expansion into higher-growth segments.