Transaction Details
- Number of shares acquired: 75,000 equity shares
- Price per share: GBP 32 per share
- Total consideration: GBP 24,00,000 (equivalent to Rs. 31,31,57,799)
- Form of consideration: Cash consideration
- Share characteristics: Face value of GBP 1 each acquired at a premium of GBP 31 per share
Target Entity Details
Dhoot Transmission UK Limited
- Incorporation date: January 23, 2007
- Incorporation jurisdiction: United Kingdom under Companies Act, 1985
- Unique Entity Number: 6063279
- Business activity: Trading of wiring harnesses as per charter documents
- Country of presence: United Kingdom
Financial Performance of Subsidiary
Turnover history for Dhoot Transmission UK Limited:
- FY 2025-26: GBP 74,08,346 (equivalent to Rs. 87,74,14,126)
- FY 2024-25: GBP 76,48,383 (equivalent to Rs. 82,51,61,096)
- FY 2023-24: GBP 75,38,587 (equivalent to Rs. 78,45,60,349)
Transaction Characteristics
- Related party status: Yes, Dhoot Transmission UK is a related party
- Arm's length transaction: Confirmed as executed at arm's length
- Promoter interest: No promoter/promoter group/group companies have any interest in the transaction beyond what is disclosed
- Governmental approvals: Not applicable
- Completion timeline: Not applicable
Post-Transaction Ownership
Dhoot Transmission UK will continue to be the wholly-owned subsidiary of Dhoot Transmission Limited. The acquisition does not change the subsidiary status or control structure.
Purpose and Impact
The additional capital infusion will be used towards:
- Repayment/prepayment, in full or part, of all outstanding borrowings availed by Dhoot Transmission UK
- Enable utilization of internal accruals for expansion
The rationale references the Prospectus dated August 12, 2026 filed by the Company.