POCL Enterprises Ltd — Important, 01-07-2026: Company Update

POCL Enterprises Limited's board has approved acquiring a 51% stake in Trichy Metals and Alloys Private Limited (TMA) for a cash consideration of Rs. 12.47 Cr. TMA manufactures lead ingots and other metals, with refining and smelting capacities of 26,000 MTPA and 21,500 MTPA, respectively. TMA reported a turnover of Rs. 163.74 Cr and profit after tax of Rs. 3.60 Cr for FY26. This acquisition aligns with POEL's strategy to boost resource efficiency and expand its market share in lead recycling, offering diversification into other non-ferrous metals and significant value creation through synergies. The deal is expected to close by August 30.