JTL Industries Secures NCLT Approval for Rs 46.50 Crore Acquisition of RCI Industries

JTL Industries Limited has received a significant boost in its expansion plans with the National Company Law Tribunal (NCLT), New Delhi, approving its resolution plan to acquire RCI Industries & Technologies Limited. This strategic move is set to strengthen JTL's position in the non-ferrous metal sector.

Key Acquisition Details

Aspect	Details
Acquisition Target	RCI Industries & Technologies Limited
NCLT Approval Date	October 9, 2025
Shareholding to be Acquired	95%
Upfront Cash Payment	Rs 46.50 crores
Completion Deadline	Within 60 days of NCLT approval

About RCI Industries

RCI Industries & Technologies Limited, incorporated in 1992, is a BSE-listed company specializing in the manufacture of diversified copper, brass, aluminum, stainless steel, and special alloy products. The company's manufacturing facility is located in Baddi, Himachal Pradesh, spanning over 27,000 square meters.

Production Capacity

Product	Installed Capacity
Brass & Copper Strips	18,000 MTPA
Copper Wires and Cables	2,000 MTPA

Strategic Implications

This acquisition is a strategic move for JTL Industries, allowing it to:

Broaden its portfolio with flat and round non-ferrous metal products, particularly copper
Strengthen its market position in the non-ferrous sector
Meet a wider range of industrial demands

Financial Context

It's worth noting that RCI's turnover has seen a significant decline over recent years:

Financial Year	Turnover (Rs in Crores)
2018-19	1,642.36
2024-25	1.18

This substantial decrease in turnover might have contributed to the attractive valuation of RCI's assets, presenting a high-value acquisition opportunity for JTL Industries.

Conclusion

The acquisition of RCI Industries & Technologies Limited marks a significant step for JTL Industries in expanding its product range and market presence. As the company moves forward with this strategic acquisition, it will be interesting to observe how JTL leverages RCI's assets and capabilities to strengthen its position in the non-ferrous metal sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.77%	+0.54%	-10.09%	-4.20%	-34.70%	+21.11%

JTL Industries has reported its highest half-year volumes for H1 FY26, showcasing resilience in the face of adverse conditions. The company achieved a notable milestone in its operations, demonstrating growth despite environmental challenges.

Record-Breaking Performance

JTL Industries recorded a total volume of 1,82,210 metric tons in the first half of fiscal year 2026. This impressive figure represents a 3.50% increase compared to the same period in the previous year. The growth is particularly noteworthy considering the obstacles faced by the company during this period.

Overcoming Challenges

The company's achievement becomes even more significant when considering the adverse conditions it faced. JTL Industries managed to attain this growth despite encountering flood-related challenges during the period. This resilience underscores the company's operational strength and ability to navigate difficult circumstances.

Performance Overview

To better illustrate JTL Industries' performance, here's a breakdown of the key figures:

Metric	H1 FY26	Year-on-Year Growth
Volume	182,210 MT	3.50%

This table clearly shows the company's volume growth, highlighting its positive trajectory despite the challenges faced.

The company's ability to achieve record volumes while dealing with flood-related issues demonstrates its operational resilience and effective management strategies. This performance may be indicative of JTL Industries' strong market position and its capacity to maintain growth even in challenging environments.