Rajoo Engineers Limited has announced a significant strategic move by acquiring a 60% stake in Kohli Printing And Converting Machines Private Limited (Kohli), marking a major step in its inorganic growth strategy and efforts to expand its international presence.

Strategic Acquisition

The acquisition, completed on September 22, 2025, transforms Kohli into a subsidiary of Rajoo Engineers. This move aligns with Rajoo's vision for inorganic growth and is expected to strengthen the company's position in the market by offering comprehensive end-to-end solutions across the value chain.

About Kohli Printing And Converting Machines

Kohli, with a rich history spanning 70 years, specializes in designing and manufacturing precision printing, coating, and laminating machines for premium flexible packaging and other industrial applications. The company, which was originally a partnership firm, transferred its entire business to the current private limited entity upon its incorporation on December 23, 2020.

Financial Implications

While specific financial details of the acquisition were not disclosed, Rajoo Engineers confirmed that the transaction was completed in cash. The cost of acquisition is subject to customary conditions and post-closing adjustments, as per the agreement between the parties.

Industry Synergies

This strategic acquisition is poised to create synergies that will enhance Rajoo Engineers' global reach and potentially improve profit margins. By integrating Kohli's expertise in printing and converting machines with Rajoo's existing portfolio, the combined entity aims to offer a more comprehensive range of solutions to customers in the packaging industry.

Market Performance

For the fiscal year 2024-25, Kohli reported an unaudited turnover of INR 103.05 crore, showcasing its significant market presence and potential for growth under Rajoo Engineers' leadership.

Regulatory Compliance

The acquisition has been executed in compliance with Section 179 (3) (e) & (j) and other applicable provisions of the Companies Act, 2013. Rajoo Engineers has confirmed that no governmental or regulatory approvals were required for this acquisition.

Future Outlook

With this strategic move, Rajoo Engineers is positioning itself for expanded market opportunities and enhanced competitiveness in the global packaging machinery sector. The integration of Kohli's expertise and client base is expected to drive innovation and growth for the combined entity in the coming years.

Investors and industry observers will be keenly watching how this acquisition unfolds and contributes to Rajoo Engineers' long-term growth strategy in the dynamic packaging and converting machinery market.

Rajoo Engineers Limited, a prominent player in the manufacturing industry, has taken a significant step towards expanding its market presence. The company announced that it has executed a Definitive Agreement to acquire an undisclosed entity in the manufacturing sector, specializing in machines for various industries.

Strategic Move for Inorganic Growth

The acquisition is part of Rajoo Engineers' inorganic growth strategy, aimed at strengthening its position in the market. By integrating the target company's capabilities, Rajoo Engineers expects to enhance its ability to offer end-to-end solutions across the value chain to its customers.

Key Details of the Agreement

• Transaction Type: The acquisition will be completed through cash consideration.
• Completion Timeline: The deal is expected to be finalized within 30 days of the agreement signing.
• Regulatory Approvals: No governmental or regulatory approvals are required for this transaction.
• Related Party Transaction: The company has confirmed that this is not a related party transaction.

Confidentiality and Future Disclosures

Due to confidentiality clauses in the agreement, several crucial details about the acquisition remain undisclosed at this time. These include:

• The name of the target entity
• The acquisition cost
• The percentage of shareholding to be acquired
• Background information about the target company

Rajoo Engineers has stated that these details will be revealed upon the completion of the transaction.

Impact on Rajoo Engineers

This strategic move is expected to have a positive impact on Rajoo Engineers' market position. The synergies arising from the acquisition are anticipated to strengthen the company's offerings and potentially expand its customer base.

Management's Perspective

While specific comments from the management were not provided, the decision to pursue this acquisition aligns with Rajoo Engineers' vision for growth and market expansion. The company's focus on offering comprehensive solutions across the value chain indicates a strategic approach to enhancing its competitive edge in the manufacturing sector.

Market Implications

As the details of the acquisition unfold in the coming weeks, industry observers and investors will be keenly watching how this move shapes Rajoo Engineers' future growth trajectory and market positioning.

Additional Corporate Update

In a separate development, Rajoo Engineers recently appointed Mr. Hasmukhlal Ambavibhai Manavadaria as a Non-Executive Independent Director for a term of five years, effective from June 17, 2025. This appointment, approved by shareholders through a postal ballot, brings additional expertise to the company's board, particularly in the field of agricultural machinery and equipment manufacturing.