Danube Industries Board Approves Acquisition of 51% Stake in JCR Fashion Retail
Danube Industries Limited's board has provisionally approved acquiring a 51% controlling stake in JCR Fashion Retail Private Limited, making it a subsidiary. The target company operates in retail of personal and household goods with turnover of ₹86.27 crores in FY25. The strategic acquisition aims at expansion and diversification, with completion expected within 9 months subject to due diligence.

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Danube Industries Limited's Board of Directors has provisionally approved a strategic acquisition that will expand the company's business portfolio into the retail segment. The board meeting held on December 11, 2025, approved the proposal to acquire a controlling 51% stake in JCR Fashion Retail Private Limited.
Acquisition Details
The proposed acquisition will make JCR Fashion Retail Private Limited a subsidiary of Danube Industries Limited. The transaction is structured as a strategic move to achieve expansion, diversification, and integration purposes within the retail sector.
| Parameter: | Details |
|---|---|
| Target Company: | JCR Fashion Retail Private Limited |
| Stake to be Acquired: | 51% controlling interest |
| Transaction Type: | Cash consideration/Share swap |
| Expected Timeline: | 9 months |
| Regulatory Approvals: | None required |
Target Company Profile
JCR Fashion Retail Private Limited, incorporated on February 10, 2017, operates in the retail of personal and household goods segment. The company is registered at 23/Ground Floor, Kala Sagar Mall, Ghatlodia, Ahmedabad, Gujarat, with CIN U52609GJ2017PTC095734.
Financial Performance
The target company's recent financial performance shows the following turnover figures:
| Financial Year: | Aggregate Turnover |
|---|---|
| FY 2023-24: | ₹125.38 crores |
| FY 2024-25: | ₹86.27 crores |
Strategic Rationale
The acquisition represents Danube Industries' strategic expansion into the retail sector, moving beyond its traditional business lines. JCR Fashion Retail is engaged in retail operations and intends to expand its operations while undertaking growth and development activities. The company also aims to reduce current liabilities and debts through this expansion strategy.
Transaction Structure
The acquisition cost and pricing will be determined after conducting due diligence and obtaining a professional valuation report. The consideration structure will involve either cash payment or share swap arrangements, as agreed between the parties. The transaction does not fall under related party transactions and requires no governmental or regulatory approvals.
Next Steps
The completion of this acquisition is subject to satisfactory due diligence and valuation processes. With an indicative timeline of 9 months for completion, Danube Industries expects to finalize the transaction and integrate JCR Fashion Retail as its subsidiary, thereby establishing a presence in the retail segment of personal and household goods.
Historical Stock Returns for Danube Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.19% | +4.77% | +53.70% | +60.99% | +50.60% | +315.00% |





























