Elpro International Limited ("the Company") has acquired equity shares of Vedanta Aluminium Metal Limited. This disclosure is made pursuant to Regulation 30 of the SEBI Listing Regulations read with Para A of Part A of Schedule III of the SEBI Listing Regulations.
Acquisition Details
Target Entity: Vedanta Aluminium Metal Limited
Industry: Aluminium
Purpose of Acquisition: Investment Purpose
Consideration: Cash consideration
Related Party Transaction: No - the acquisition does not fall within related party transactions, and promoters/promoter group/group companies have no interest in the entity being acquired.
Governmental Approvals: Not applicable
Time Period for Completion: Not applicable
Target Entity Background
Vedanta Aluminium Metal Limited is among the world's top aluminium producers and India's largest producer of aluminium, catering to customers in over 60 countries. In FY25, it produced more than half of India's aluminium at 2.42 million tonnes.
The company has deep expertise in metal production and value-addition, serving as one of the world's most preferred suppliers of top-quality aluminium products and alloys. These products find applications in critical sectors including aerospace, aviation, defence, transportation, electricity distribution, packaging, as well as sunrise sectors such as electric vehicles and renewable energy.
Line of Business: Aluminium
Date of Incorporation: October 6, 2023
Geographic Presence: India
Financial Information
Turnover details were provided in the disclosure but all financial amounts were blank/unfilled for both FY 2024-25 and FY 2025-26 across Revenue from Operations, Other income, and Total categories.