Elpro International Acquires Equity in Vedanta Aluminium Metal Ltd
Elpro International Limited has acquired equity shares in Vedanta Aluminium Metal Limited, marking an investment in the aluminium sector. The acquisition was completed via cash consideration at a cost of INR 4.62 Crores.Vedanta Aluminium Metal Limited is recognized as one of the world's top aluminium producers and India's largest producer of aluminium. The company serves discerning customers across more than 60 countries, leveraging deep expertise in metal production and value-addition. In FY25, Vedanta produced over half of India's aluminium at 2.42 million tonnes.
The acquisition by Elpro International was categorized as an investment and is related to the general objective of expanding its portfolio within the industry.
Acquisition Details
Elpro International increased its stake in the target entity through a fresh acquisition of equity shares. The details concerning the transaction are as follows:| Particulars | Detail |
|---|---|
| Target Entity Name | Vedanta Aluminium Metal Limited |
| Industry | Aluminium |
| Nature of Consideration | Cash consideration |
| Cost of Acquisition | INR 4.62 Crores |
| Fresh Shares Acquired | 1,00,000 Equity Shares |
| Previous Holding | 1,20,000 Equity Shares |
| Total Holding After Acquisition | 2,20,000 Equity Shares |
Target Company Profile: Vedanta Aluminium Metal Limited
Vedanta Aluminium Metal Limited, incorporated on October 6, 2023, is a key player in the global aluminium market. The company’s line of business focuses entirely on aluminium products and operates globally through its website, https://vedantaaluminium.com.The products manufactured by Vedanta are essential for critical sectors such as aerospace, aviation, defence, transportation, electricity distribution, and packaging. Furthermore, they find application in sunrise industries including electric vehicles and renewable energy.
Consolidated financial data provided include:
| Financial Metric | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue from Operations | (Data not specified) | (Data not specified) |
| Other Income | (Data not specified) | (Data not specified) |
| Total | (Data not specified) | (Data not specified) |
Consolidated Turnover for the last three Financial Years remains as recorded in the official records.
ELPROINTL Stock Price Movement
On Thursday, Elpro International Limited shares edged higher, closing at ₹170.28 after gaining 0.46% over the previous close. The stock saw activity on the session, with a total volume of 34,180 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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