BCC Fuba India Limited announced its board's approval for an additional investment in its subsidiary IOGEMS Technologies Private Limited during the 74th board meeting held on February 2, 2026. The decision reinforces the company's commitment to strengthening its subsidiary operations through strategic capital infusion.

Investment Details

The board approved an investment of ₹45.90 lakh (Rupees Forty Five Lakhs Ninety Thousand) in IOGEMS Technologies Private Limited through participation in the subsidiary's rights issue. The investment structure and shareholding details are outlined below:

Rights Issue Framework

IOGEMS Technologies is raising additional capital of ₹90.00 lakh (Rupees Ninety Lakhs Only) through a rights issue. The subsidiary has distributed offer documents to all existing shareholders, providing them the option to accept, reject, or renounce the offer. BCC Fuba's participation is proportional to its existing shareholding in IOGEMS.

Since all shareholders of IOGEMS are expected to participate in the rights issue in proportion to their respective shareholdings, BCC Fuba will maintain its 51% stake in the subsidiary without any change in ownership percentage.

Regulatory Compliance

The investment decision is subject to approvals and consents as may be required under applicable laws. This announcement follows the company's previous disclosure dated January 23, 2026, which informed stakeholders about BCC Fuba's acquisition of a 51% stake in IOGEMS Technologies Private Limited.

Board Meeting Details

The 74th board meeting commenced at 02:00 P.M. and concluded at 04:25 P.M. on February 2, 2026. The meeting outcome was communicated to BSE Limited in compliance with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015.

BCC Fuba India Limited has completed the acquisition of a 51% stake in Iogems Technologies Private Limited on January 23, 2026, marking a strategic expansion into the Electronic Manufacturing Services sector. The company informed BSE Limited about this development on the same day at 07:55 PM, fulfilling disclosure requirements under Regulation 30 of SEBI Listing Regulations.

Acquisition Details

The transaction structure and financial parameters demonstrate a focused approach to business expansion:

Target Company Profile

Iogems Technologies Private Limited operates in the Electronic Manufacturing Services industry and was recently incorporated:

Strategic Rationale

The acquisition represents a calculated move toward forward integration into the Electronics Manufacturing Services segment. BCC Fuba aims to leverage its established capabilities and experience in Printed Circuit Board manufacturing to expand its value chain and enhance market presence. This strategic positioning allows the company to offer more comprehensive solutions within the electronics manufacturing ecosystem.

Regulatory Compliance

The transaction does not classify as a related party transaction, and no governmental or regulatory approvals were required for completion. BCC Fuba has fulfilled all disclosure requirements pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Business Integration

The acquisition enables BCC Fuba to diversify its service offerings while maintaining synergy with its core PCB manufacturing business. The Electronic Manufacturing Services sector complements the company's existing capabilities, potentially creating opportunities for cross-selling and enhanced customer value propositions. With Iogems Technologies being a newly incorporated entity, BCC Fuba has the opportunity to shape its development according to strategic objectives.