Synthiko Foils Completes Rs 1,047 Crore DCT Global Acquisition via Share Swap

Synthiko Foils Limited has successfully completed its acquisition of DCT Global Private Limited through a preferential allotment worth Rs 1,047.00 crore. The company confirmed that DCT Global has now become a wholly owned subsidiary following the completion of the share swap arrangement.

Acquisition Completion Details

The Board of Directors approved and executed the allotment of equity shares to DCT Global shareholders as consideration other than cash. The transaction structure enabled Synthiko Foils to acquire a 100% stake in DCT Global on a fully diluted basis without depleting cash reserves.

Parameter	Details
Shares Allotted	1,36,08,849 equity shares
Issue Price	Rs 769.16 per share
Total Acquisition Cost	Rs 10,46,73,82,296.84
DCT Shares Acquired	2,13,641 equity shares (100% stake)
Transaction Type	Share swap arrangement
Subsidiary Status	Wholly owned subsidiary

Target Company Profile

DCT Global Private Limited operates in the Engineering, Procurement and Construction (EPC) sector, specializing in data center infrastructure development. The company provides end-to-end EPC solutions for various industries, including data centers and technology infrastructure development.

Business Parameter	Details
Primary Business	EPC solutions for data centers
Services Offered	Design, development, operation, maintenance
Manufacturing Focus	Modular/EDGE containerized data center solutions
Technology Products	Storage racks, power distribution units, AI-enabled products
Net Worth	Rs 439.00 crore
Date of Incorporation	May 8, 2018

Strategic Business Impact

The acquisition provides Synthiko Foils with strategic advantages in the high-growth EPC solutions market, specifically for data center infrastructure and technology products. The company gains in-house capabilities for designing, constructing, and operating scalable and secure data centers along with manufacturing key infrastructure components.

The transaction enables backward integration through manufacturing and assembling various infrastructure and technology products to be offered as additional solutions in EPC offerings. This vertical integration is expected to improve margins and unlock new long-term revenue opportunities across digital infrastructure, energy solutions, and advanced hardware technologies.

Regulatory Compliance

The acquisition was completed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received all requisite approvals including in-principle approval from BSE Limited for the preferential issue and approval from company members. The transaction was executed at arm's length based on valuation reports from registered valuers.

Synthiko Foils Limited, a company listed on the Indian stock exchanges, has announced plans for a significant expansion of its business operations. The company has scheduled an Extraordinary General Meeting (EGM) for December 3, 2025, to seek shareholder approval for three crucial resolutions that could reshape its future.

Proposed Capital Structure Changes

The first item on the agenda is a substantial increase in the company's authorized share capital. Synthiko Foils aims to expand its capital base from the current Rs. 1.00 crore to Rs. 20.00 crore. This proposed change would be accomplished by creating an additional 1.90 crore equity shares, each with a face value of Rs. 10.

Strategic Acquisition through Share Swap

In a move that signals Synthiko Foils' ambitions for growth and diversification, the company has proposed a preferential issue of shares to acquire DCT Global Private Limited. Here are the key details of this proposed transaction:

Aspect	Details
Shares to be Issued	1.36 crore equity shares
Issue Price	Rs. 769.16 per share
Acquisition Target	100% stake in DCT Global Private Limited
Total Deal Value	Rs. 1,046.73 crore
DCT Global's Business	Engineering, Procurement and Construction (EPC) solutions for data centers and technology infrastructure development
Shares to be Acquired	2.13 lakh equity shares (100% of DCT's issued capital)
Acquisition Structure	56% of DCT shares to be acquired from Synthiko's promoter group

This acquisition represents a significant step for Synthiko Foils, potentially expanding its business into the data center and technology infrastructure sector.

EGM Details and Voting Process

The Extraordinary General Meeting has been scheduled with the following arrangements:

Date: December 3, 2025
Mode: Video conferencing
E-voting Period: November 30 to December 2, 2025

Shareholders will have the opportunity to participate in the decision-making process through remote e-voting, ensuring a democratic approach to these significant corporate actions.

The proposed resolutions, if approved, could mark a turning point for Synthiko Foils Limited, potentially transforming its business model and market position. Shareholders and market observers will be keenly watching the outcome of this EGM, as it may have far-reaching implications for the company's future growth trajectory and valuation.

Investors and stakeholders are advised to carefully review the detailed EGM notice and seek professional advice if needed before making any investment decisions based on these proposed changes.