Belding India Limited has announced a strategic acquisition through its wholly owned subsidiary, marking an expansion into specialized engineering products manufacturing. The company informed BSE on March 5, 2026, about the completion of this significant transaction.

Acquisition Details

DC&T Global Private Limited, a wholly owned subsidiary of Belding India Limited, has successfully acquired 55% shareholding in Metafin Technology Private Limited on March 5, 2026. The acquisition was structured through subscription to fresh equity shares in the target company.

Target Company Profile

Metafin Technology Private Limited operates in the Engineering, Industrial Equipment & Automation sector, manufacturing specialized products for multiple industries. The company was incorporated on March 22, 2022, and has established its presence in the Indian market.

Product Portfolio:

• Airport self-check-in kiosks
• IT racks and truck-mounted racks
• Telecom tower racks
• Insulated fire doors
• Other industrial equipment

Target Sectors:

• Aviation industry
• Defense applications
• Telecommunications
• Industrial applications

Financial Performance

Metafin Technology's revenue performance over the past three years shows the company's operational trajectory:

Strategic Rationale

The acquisition represents Belding India's strategic move to expand its footprint in the Engineering, Industrial Equipment & Automation industry. This diversification aligns with the company's growth objectives in specialized manufacturing sectors.

Transaction Structure

The deal was executed as a related party transaction, with Metafin Technology having common directors with Belding India. However, the company confirmed that no promoter, promoter group, or group companies have any interest in Metafin beyond the stated common directorship. The transaction was conducted at arm's length, ensuring fair valuation practices.

The acquisition required no governmental or regulatory approvals and was completed entirely through cash consideration. DC&T Global's shareholding in Metafin increased from 0% to 55% through this transaction, providing significant control over the target company's operations and strategic direction.

Synthiko Foils Limited has officially completed its transformation to Belding India Limited, marking a significant corporate rebranding milestone. The Ministry of Corporate Affairs' Central Processing Centre approved the name change and issued a fresh Certificate of Incorporation dated February 23, 2026, making the new corporate identity effective from that date.

Regulatory Compliance and Documentation

The company fulfilled its regulatory obligations by informing BSE Limited about the name change through an official intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This communication followed a series of earlier intimations dated January 17, 2026, January 19, 2026, February 13, 2026, and February 18, 2026, demonstrating the company's commitment to transparent stakeholder communication throughout the name change process.

Certificate of Incorporation Details

The Certificate of Incorporation pursuant to change of name was issued under rule 29 of the Companies (Incorporation) Rules, 2014. The document confirms that the company remains a company limited by shares, with its Corporate Identification Number (CIN) L63119PN1984PLC248366 remaining unchanged. Shamrao Patil, serving as Assistant Registrar of Companies/Deputy Registrar of Companies/Registrar of Companies at the Central Processing Centre, signed the certificate digitally.

Corporate Structure and Operations

Following the name change, the company's Memorandum and Articles of Association have been altered to reflect the new corporate identity. The registered office remains at 9th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra, India. Muskan Gurumukhdas Pinjani continues to serve as Company Secretary & Compliance Officer, ensuring continuity in corporate governance.

Stakeholder Impact and Compliance Requirements

The Certificate of Incorporation clarifies that this name change does not affect the rights and liabilities of stakeholders. However, the company must comply with Section 12 of the Companies Act by displaying the old name alongside the new name for two years at all places where the company is required to display its name. The Ministry of Corporate Affairs advises all stakeholders to verify the company's latest status and view public documents on the official MCA website at www.mca.gov.in/MCA21 .