POCL Enterprises Acquires 51% Stake in Trichy Metals for Strategic Growth in Lead Market
POCL Enterprises Ltd has announced that its Board of Directors approved a significant investment into Trichy Metals and Alloys Private Limited (TMA). The acquisition involves securing a 51 percent stake through a Share Purchase Agreement and a Share Subscription-cum-Shareholders' Agreement. Upon the completion of the transaction, TMA will become a subsidiary of POCL Enterprises Limited.Trichy Metals and Alloys Private Limited is an established company engaged in the manufacturing of lead ingots and other metals, as well as trading in metals and alloys. The company has an installed refining capacity estimated at approximately 26,000 MTPA and a smelting capacity of around 21,500 MTPA. TMA reported a turnover of Rs. 163.74 crores and a profit after tax of Rs. 3.60 crores for the financial year ending March 31, 2026.
The POCL Board noted that TMA possesses an established brand name and a developed domestic supply chain network within the industry. The company is currently in the process of obtaining approval from the Ministry of Environment, Forest and Climate Change (MoEF) for importing lead scrap. This acquisition presents opportunities for diversification into other non-ferrous metals, including copper and aluminium.
The acquisition aligns with POCL Enterprises Ltd's strategic goals, offering synergies that are expected to create significant value. The Board approved the transaction based on the operational strengths and long term growth potential of TMA.
Transaction Details and Company Overview
POCL Enterprises is acquiring a 51 percent stake in TMA through this cash consideration deal. The acquisition details, along with the company's background and financial performance, are summarized below:| Particulars | Target Entity (TMA) Details | Acquisition Details |
|---|---|---|
| Business Focus | Manufacturing and trading of lead ingots and non-ferrous metals. | Cash Consideration transaction. |
| Key Capacity | Installed refining capacity: approx. 26,000 MTPA; Smelting capacity: approx. 21,500 MTPA. | Acquired stake: 51 percent (69,310 equity shares). |
| Financials (FY ended March 31, 2026) | Turnover: Rs. 163.74 crores; Profit After Tax: Rs. 3.60 crores. | Total Investment Amount: Rs. 12,46,88,690/-. |
| Price Per Share | N/A | Rs. 1799/- (including securities premium of Rs. 1,789/-). |
| Completion Timeline | N/A | On or before August 30, 2026. |
TMA has consistently shown growth in turnover over the past three financial years: FY 2025-26 reported a turnover of 163.74 Crores (Audited), followed by 112.85 Crores (Audited) in FY 2024-25, and 103.97 Crores (Audited) in FY 2023-24.
The acquisition is subject to the execution of definitive transaction documents and the fulfilment of all applicable statutory and contractual requirements.
Stock Price Movement
POCL Enterprises Ltd settled on Wednesday at ₹167.35, slipping 1.03% from the previous close. The shares navigated a significant intraday trading band, finding support around ₹166.05 while reaching a high of ₹176.80.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.