Xpro India Limited , a key player in the polymer processing industry, has announced the completion of a significant share allotment by its subsidiary, marking another milestone in the company's capital expansion strategy following its mixed Q2 performance.

Subsidiary Share Allotment Details

On December 12, 2025, Xpro Dielectric Films FZ-LLC (XDF), a subsidiary of Xpro India, successfully allotted shares to OASIS II Investment Holding Limited. The transaction details are as follows:

OASIS II Investment Holding Limited is a special purpose vehicle established as a private company limited by shares, incorporated under the laws of Abu Dhabi Global Markets.

Ownership Structure Post-Allotment

Following the share allotment, Xpro India continues to maintain majority control of its subsidiary:

Previous Financial Performance Context

This development comes after Xpro India reported mixed results for the second quarter, where the company faced challenges from foreign exchange fluctuations. The earlier quarterly results showed:

Strategic Capital Initiatives

This subsidiary funding represents part of Xpro India's broader capital strengthening strategy. During the previous quarter, the company had also issued 1,170,000 equity shares at a premium of ₹965 per share to various investors, demonstrating continued investor confidence despite operational challenges.

Regulatory Compliance

The share allotment was completed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following receipt of all necessary regulatory and other approvals. This transaction builds upon the tripartite agreement previously approved by the Board for XDF's fundraising activities.

The successful completion of this transaction strengthens XDF's financial position while maintaining Xpro India's controlling stake, supporting the group's expansion plans in the dielectric films segment.

Xpro India Limited , a leading manufacturer of coextruded plastic sheets, thermoformed refrigerator components, and specialty films, is on the brink of a significant expansion in its production capabilities. The company has announced that it is in the final stages of installing a new dielectric film production line, marking a notable advancement in its manufacturing infrastructure.

Installation Progress

According to the company's latest disclosure to the stock exchanges, the installation of the new dielectric film line at their Barjora, West Bengal facility is "essentially complete." This update comes as a response to numerous investor inquiries following recent communications about the project.

Testing and Commissioning

Xpro India is currently conducting dry runs and tests on various individual components and sections of the new production line. These preliminary tests are crucial steps that will lead to the acceptance tests and the commissioning of the integrated line. The company has provided photographic evidence of the installation progress to support its statement.

Production Timeline

In an encouraging development for shareholders and industry observers, Xpro India has set a clear timeline for the commencement of production. The company anticipates that, barring any unforeseen circumstances, dielectric film production on the new line will begin between November and December 2025.

Strategic Implications

The addition of this new dielectric film production line is expected to enhance Xpro India's manufacturing capabilities significantly. Dielectric films are crucial components in various electronic and electrical applications, including capacitors, insulation, and packaging. This expansion could potentially strengthen the company's position in the specialty films market and contribute to its growth strategy.

Investor Communication

Xpro India's proactive disclosure about the project's progress demonstrates its commitment to transparency with investors. The company's Company Secretary, Kamal Kishor Sewoda, signed off on the official communication to the National Stock Exchange of India Ltd. and BSE Limited, ensuring that all stakeholders are kept informed about this significant development.

As Xpro India moves closer to operationalizing its new dielectric film production line, industry watchers will be keen to observe the impact on the company's production capacity, market share, and financial performance in the coming quarters.