Transaction Details

Investment in Dhoot Automotive Systems Private Limited (DASPL)

  • Number of shares acquired: 5,02,800 equity shares of face value ₹10 each
  • Price per share: ₹2,486.15 (including premium of ₹2,476.15 per share)
  • Total consideration: ₹125,00,36,220/- (₹125 crores)
  • Shareholding change: Pre-allotment - 22,55,812 shares (38.14%), Post-allotment - 27,58,612 shares (42.98%)
  • Transaction date: August 28, 2026

Investment in Dhoot Autocomponents Private Limited (DACPL)

  • Number of shares acquired: 1,110 equity shares of face value ₹10 each
  • Price per share: ₹7,68,066.89 (including premium of ₹7,68,056.89 per share)
  • Total consideration: ₹85,25,54,247.90/- (₹85.25 crores)
  • Shareholding change: Pre-allotment - Nil shares (0%), Post-allotment - 1,110 shares (9.99%)
  • Transaction date: August 28, 2026

Subsidiary Company Background

Dhoot Automotive Systems Private Limited (DASPL)

  • Incorporation date: January 28, 2020
  • Business: Manufacturing of automotive electronics and electrical components including sensors, controllers, battery packs, battery chargers, switches, and other electronic solutions
  • Financial performance:
  • FY 2025-26 turnover: ₹745.72 crores
  • FY 2024-25 turnover: ₹607.62 crores
  • FY 2023-24 turnover: ₹324.94 crores
  • Country of presence: India

Dhoot Autocomponents Private Limited (DACPL)

  • Incorporation date: April 25, 2022
  • Business: Manufacturing of automotive electronics and electrical components including wires, connectors, cable, and battery terminals
  • Financial performance:
  • FY 2025-26 turnover: ₹682.81 crores
  • FY 2024-25 turnover: ₹464.78 crores
  • FY 2023-24 turnover: ₹100.87 crores
  • Country of presence: India

Transaction Characteristics

  • Payment method: Cash consideration for both acquisitions
  • Related party status: Both DASPL and DACPL are related parties
  • Arm's length basis: Transactions executed at arm's length
  • Promoter/promoter group interest: No interest in the transaction beyond what is disclosed
  • Government approvals: Not required for either acquisition
  • Completion timeframe: Not applicable (transactions completed on August 28, 2026)

Purpose and Impact

Additional capital infused will be used towards repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the subsidiaries as disclosed in the Prospectus dated August 12, 2026 filed by the Company. This is expected to enable utilization of the internal accruals for further investment towards business growth and expansion.