Astral Limited , a prominent player in the plumbing and paints industry, has announced the completion of its acquisition of an 80% stake in Nexelon Chem Private Limited. The transaction, which was finalized on November 5, 2025, marks a significant step in Astral's growth strategy.

Key Details of the Acquisition

• Acquisition Date: November 5, 2025
• Stake Acquired: 80% of equity shares in Nexelon Chem Private Limited
• Agreement: Share Purchase Agreement with existing promoters and shareholders of Nexelon
• Result: Nexelon has become a subsidiary of Astral Limited

Background and Timeline

The acquisition process began earlier this year, with Astral Limited initially announcing its intentions on August 11, 2025. The company has now informed the stock exchanges about the successful completion of the transaction, adhering to regulatory disclosure requirements.

Financial Context

While specific financial details of the acquisition were not disclosed in the announcement, Astral Limited's recent financial performance provides context for this strategic move:

Figures in ₹ Million, except percentages

The acquisition of Nexelon Chem Private Limited aligns with Astral's recent financial performance.

Corporate Governance and Disclosure

Astral Limited has demonstrated its commitment to transparency by promptly informing the stock exchanges about the acquisition's completion. This adherence to regulatory requirements underscores the company's focus on good corporate governance practices.

Conclusion

The acquisition of Nexelon Chem Private Limited may enhance Astral's market position. As the integration process unfolds, more details about the synergies between Astral Limited and Nexelon Chem Private Limited may emerge, providing further insights into the implications of this acquisition for both entities.

Astral Limited , a leading player in the plumbing and paints industry, has announced strong financial results for the second quarter ended September 30, 2025, demonstrating resilient growth across key financial metrics.

Financial Highlights

On a consolidated basis, Astral reported:

• Net profit of Rs. 1,348.00 million for Q2 FY 2025-26
• Revenue from operations of Rs. 15,774.00 million for Q2
• H1 consolidated revenue of Rs. 29,386.00 million
• H1 net profit of Rs. 2,159.00 million

On a standalone basis:

• Net profit of Rs. 969.00 million for Q2
• Net profit of Rs. 2,468.00 million for H1
• Q2 revenue from operations of Rs. 14,161.00 million

Dividend Announcement

The Board of Directors has approved an interim dividend of Rs. 1.50 per share (face value of Re. 1) for FY 2025-26. The record date for this dividend is set as November 11, 2025.

Strategic Developments

During the fiscal year, Astral made significant strides in strengthening its market position:

• Completed the acquisition of Al-Aziz Plastics Private Limited for Rs. 330.00 million, effective April 1, 2025.
• Acquired the remaining 5% stake in Seal IT Services Limited, UK for GBP 0.40 million, making it a wholly-owned subsidiary.
• Acquired the remaining 20% stake in Astral Coatings Private Limited for Rs. 750.00 million, further consolidating its position in the coatings segment.

Outlook

Astral's strong Q2 performance, coupled with strategic acquisitions and dividend announcement, positions the company well for continued growth. The improved profitability and strategic moves indicate a positive outlook for the company in the coming quarters, subject to overall market conditions and economic factors.

Investors and stakeholders may view these results as a testament to Astral's resilient business model and its ability to capitalize on market opportunities in the plumbing and paints sectors.