Jash Engineering Revises WesTech Process Equipment Acquisition Deal to ₹291.14 Crores
Jash Engineering Limited has amended its acquisition agreement for WesTech Process Equipment India Private Limited, revising the deal value to ₹291.14 crores for a 90% stake. The completion deadline has been extended to January 23, 2026. WesTech, with a turnover of ₹56.01 crores as of March 2025, operates in industrial process equipment serving mining, metal, paper, and chemical industries. This strategic acquisition enables Jash Engineering's expansion into new industrial segments.

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Jash Engineering Limited has revised the terms of its acquisition deal for WesTech Process Equipment India Private Limited, announcing key amendments to the Share Purchase Agreement through a regulatory filing dated January 16, 2026.
Revised Acquisition Terms
The company has amended its original Share Purchase Agreement dated December 11, 2025, through an Amendment Agreement dated January 15, 2026. The revised terms include significant changes to both the timeline and financial aspects of the deal.
| Parameter: | Details |
|---|---|
| Revised Acquisition Value: | ₹291.14 crores |
| Shares to be Acquired: | 53,99,849 equity shares |
| Stake Percentage: | 90% of total share capital |
| Completion Deadline: | January 23, 2026 |
| Transaction Type: | Cash consideration |
Target Company Profile
WesTech Process Equipment India Private Limited, incorporated on December 13, 2010, operates in the industrial process equipment sector. The company provides consultation services and solutions for designing and supervising plant and machinery commissioning across multiple industries.
Financial Performance
WesTech has demonstrated consistent growth over the past few years:
| Year: | Turnover |
|---|---|
| March 31, 2025: | ₹56.01 crores |
| March 31, 2024: | ₹46.93 crores |
| March 31, 2023: | ₹42.76 crores |
| March 31, 2022: | ₹31.28 crores |
The target company has a paid-up capital of ₹5.99 crores and operates exclusively in India.
Business Segments and Strategic Impact
WesTech serves diverse industrial sectors including:
- Mineral processing
- Alumina refinery
- Paper and pulp industry
- Chemical and cellulosic industry
The acquisition represents a strategic expansion for Jash Engineering into the industrial process equipment segment. Post-acquisition, WesTech will become a subsidiary of Jash Engineering Limited, enabling the parent company to enter new industrial segments including mining, metal, and paper industries.
Transaction Structure
The acquisition is structured as an arm's length transaction with no related party involvement. The deal does not constitute a related party transaction, and neither the promoter, promoter group, nor group companies have any interest in the entity being acquired. The remaining 10% stake in WesTech will be acquired later as per the original Share Purchase Agreement's Tranche 2 Closing Date provisions.
No governmental or regulatory approvals are required for completing this acquisition, streamlining the transaction process for the January 23, 2026 deadline.
Historical Stock Returns for Jash Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.51% | -2.61% | -10.42% | -30.44% | -35.14% | +748.26% |
















































