POCL Enterprises Limited has approved the acquisition of a 51% stake in Trichy Metals and Alloys Private Limited for a total cash consideration of ₹12.47 crore. The Board of Directors sanctioned the investment to purchase 69,310 equity shares at a price of ₹1,799 per share, which includes a securities premium of ₹1,789 per share. This strategic acquisition is expected to be completed on or before August 30, 2026, subject to the execution of definitive transaction documents and fulfilment of regulatory requirements.

The target entity, Trichy Metals and Alloys Private Limited, is engaged in the manufacturing of lead ingots and other metals, as well as trading in metals and alloys. Incorporated on February 12, 2019, the company operates from Trichy, Tamil Nadu, with an installed refining capacity of approximately 26,000 MTPA and a smelting capacity of approximately 21,500 MTPA. For the financial year ended March 31, 2026, the company reported a turnover of ₹163.74 crores and a profit after tax of ₹3.60 crores.

Financial Performance

Trichy Metals and Alloys has demonstrated consistent growth over the past three years. The audited financial results indicate a steady increase in turnover, reflecting the company's operational efficiency and market demand.

Strategic Rationale

The Board identified Trichy Metals and Alloys as a profitable entity with an established brand name and a well-developed domestic supply chain network. The acquisition aligns with POCL Enterprises' strategic goals of boosting resource efficiency and expanding its market share in the lead recycling space. Additionally, the target company is in the process of obtaining approval from the Ministry of Environment, Forest and Climate Change for the import of lead scrap, which presents further diversification opportunities into non-ferrous metals such as copper and aluminium.

Transaction Details

The key parameters of the transaction are summarised below:

The transaction will be executed through a Share Purchase Agreement and a Share Subscription-cum-Shareholders' Agreement. Upon completion, Trichy Metals and Alloys Private Limited will become a subsidiary of POCL Enterprises Limited. The Board confirmed that the transaction is not a related party transaction and that none of the promoters or promoter group members have any interest in the entity being acquired.

POCL Enterprises Limited has opened a special window for shareholders to facilitate the transfer and dematerialization of physical shares. This initiative, effective from February 5, 2026, to February 4, 2027, allows investors to regularize holdings that were transacted prior to April 1, 2019, or requests that were previously rejected due to documentation deficiencies.

The facility follows a SEBI Circular dated January 30, 2026, and provides an opportunity for shareholders to address pending transfer requests. Shareholders whose requests were returned or unattended can now submit the requisite documents to the company's Registrar and Share Transfer Agent (RTA), Cameo Corporate Services Limited.

Transfer Conditions and Lock-in

Securities transferred through this special window will be credited to the transferee only in dematerialized form. As per SEBI guidelines, these shares will be subject to a lock-in period of one year from the date of registration of transfer.

Submission Details

Eligible shareholders are required to submit their transfer requests along with necessary documents to the RTA. The contact details for submission are provided below:

The company has published this notice in newspapers, including the Trinity Mirror and Makkal Kural, to ensure wide dissemination of the information to all concerned stakeholders.