Batliboi Ltd Acquires 100% Stake in Penta Automation Systems for Strategic Expansion

Batliboi Ltd Acquires 100% Stake in Penta Automation Systems for Strategic Expansion

Batliboi Ltd Acquires 100% Stake in Penta Automation Systems for Strategic Expansion​

Batliboi Ltd has announced the approval of a proposal to acquire 100% of the paid-up equity share capital of Penta Automation Systems Private Limited. The acquisition, approved by the Company's Board of Directors on June 23, 2026, is intended to bolster Batliboi’s strategic growth in the industrial automation sector.

The secondary acquisition involves purchasing shares from existing shareholders: Mr. Dharmesh Mistry, Ms. Avani Mistry, and Manders Industries B.V. (Netherlands). The takeover is structured as a mix of an upfront cash consideration and a deferred payment over five years.

Upon completion of the proposed acquisition, Penta Automation Systems Private Limited will become a subsidiary of Batliboi Ltd. Furthermore, Pats Robotics Private Limited (PAtS), a group company of Penta, is slated to be acquired by Penta before Closing, ensuring PAtS becomes an indirect wholly-owned subsidiary of Batliboi through the completed transaction.

The acquisition aligns with the Company’s strategic objectives, enabling it to expand and scale within industrial automation and robotics integration, which complements its existing line of business.

Acquisition Structure and Valuation Details​

The total aggregate equity value for 100% of Penta Automation Systems Private Limited's equity share capital was determined at approximately INR 19.8 crores, equating to INR 180.98 per equity share (face value Rs.10 each). The transaction involves a specific payment structure:

ComponentValueDetails
Initial Purchase ConsiderationINR 15.84 crores (80%)Payable at Closing. This covers the stake held by Manders Industries BV and parts of the holdings of Mr. Dharmesh Mistry and Ms. Avani Mistry.
Deferred ConsiderationINR 3.96 crores (20%)To be paid in five equal annual instalments, commencing on April 1, 2027, until April 1, 2031. This covers the remaining shares held by Mr. Dharmesh Mistry and Ms. Avani Mistry.

The acquisition covers a total of 10,94,200 equity shares. The shareholding split among the sellers is as follows:

SellerShares AcquiredPercentage Shareholding
Manders Industries B.V. (Netherlands)5,36,20049.00%
Mr. Dharmesh Mistry3,90,60035.70%
Ms. Avani Mistry1,67,40015.30%

The acquisition is scheduled for completion on or before July 31, 2026.

Target Entity Background and Operations​

Penta Automation Systems Private Limited and PAtS operate in the industrial automation sector, providing customised solutions and robotics integration services to manufacturing industries.

For FY 2025-26, Penta (standalone) reported revenue from operations of INR 21.56 crores. PAtS, which is being integrated into the group, generated a revenue from operations of INR 3.61 crores for the same fiscal year. Consequently, the total estimated revenue from operations for the Penta Group for FY 2025-26 stands at Rs. 25.17 crores.

The operational continuity aspect includes Mr. Dharmesh Mistry and Mrs. Avani Mistry, who will continue to be employed by Penta during the five-year period of the deferred consideration.

Financial Performance Summary​

A summary of the revenue performance for both target entities is provided below:

Penta Automation Systems Private Limited Revenue (INR crores)

Fiscal YearRevenue from Operations
2023-24 (Audited)17.80
2024-25 (Audited)18.51
2025-26 (Audited)21.56

Penta Group Revenue (INR crores)

Fiscal YearRevenue from Operations
2023-24 (Audited)20.31
2024-25 (Audited)19.93
2025-26 (Audited)25.17

BATLIBOI Stock Price Movement​

Shares of Batliboi Limited are surging dramatically as of 1:20 PM, rallying by 11.81% to trade at ₹91.48 and push close to the stock’s 52-week high. The equity demonstrates robust momentum amid live trading, with a volume of 221,294 shares recorded as the company's price action continues to strengthen.
 

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