<h1>POCL Enterprises Ltd completes acquisition of 51% equity stake in Trichy Metals and Alloys Private Limited</h1>
POCL Enterprises Ltd has successfully completed the acquisition of a 51% equity stake in Trichy Metals and Alloys Private Limited (TMA) effective July 15, 2026. Following this transaction, TMA has become a subsidiary of POCL Enterprises Limited.
The acquisition was executed through two components: the purchase of equity shares from existing shareholders via a Share Purchase Agreement, and a further subscription to TMA's equity shares on a preferential basis through a Share Subscription-cum-Shareholders' Agreement.
Company Profile and Operations
Trichy Metals and Alloys Private Limited (TMA) is an entity engaged in the manufacturing of lead ingots and other metals, as well as trading in metals and alloys. The company holds an installed refining capacity of approximately 26,000 MTPA and a smelting capacity of approximately 21,500 MTPA, yielding an overall revenue potential estimated at Rs. 600 crores per annum (p.a.).TMA reported a turnover of Rs. 163.74 crores and a profit after tax of Rs. 3.60 crores for the financial year ended March 31, 2026. The company possesses an established brand name and a well-developed domestic supply chain network.
Transaction Details and Cost Structure
The acquisition involves purchasing 51% of the total paid up Equity Share capital in TMA. This stake comprises 69,310 equity shares of face value Rs.10/- each. The shares were acquired at Rs. 1799 per share, which includes a securities premium of Rs. 1,789/- per share.The total cost of the acquisition to POCL Enterprises Ltd is Rs. 12,46,88,690/- (Rupees Twelve Crores Forty-Six Lakhs Eighty-Eight Thousand Six Hundred and Ninety only). The consideration for this transaction was structured as a cash consideration.
Key details regarding the target entity and the acquisition are summarized below:
| Particular | Details |
|---|---|
| Target Entity Name | Trichy Metals and Alloys Private Limited (TMA) |
| Primary Business | Manufacturing of lead ingots and other metals; trading in metals and alloys. |
| Installed Refining Capacity | Approximately 26,000 MTPA |
| Smelting Capacity | Approximately 21,500 MTPA |
| Total Cost to POCL | Rs. 12,46,88,690/- |
Strategic Rationale for the Acquisition
The acquisition of TMA aligns with POCL Enterprises Limited’s strategic objective of boosting resource efficiency and expanding its market share in the lead recycling sector. The move is supported by the operational strengths and long-term growth potential of TMA.TMA is currently pursuing approval from the Ministry of Environment, Forest and Climate Change (MoEF) for the import of lead scrap. Furthermore, the business presents significant diversification opportunities into other non-ferrous metals, including copper and aluminium. The company views this acquisition as beneficial to its interests, anticipating that the synergies generated will create substantial value for existing TMA shareholders.
Stock Price Movement
POCL Enterprises Ltd shares settled at ₹176.80 on Wednesday after slipping 0.65% in post-market trading. The stock moved throughout the day, charting within a range that stretched from a low of ₹176.00 to an intraday high of ₹182.25.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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