Lord's Mark Acquires Radiotone for ₹4.50 Crore

Target Entity: Radio Electric Private Limited (maker of the 'Radiotone' brand)

Transaction Type: Completed acquisition of shares/control

Related Party Transaction: No

Industry Classification: Manufacturing, Engineering, Specialised Electrical Transformers & Power-Control Solutions (Lighting & Energy Division)

Target Background:

Founded in 1939 with an 87-year engineering heritage
Pioneer of double-layer Variacs (1979-80)
Specializes in variable autotransformers (Variacs), toroidal transformers, voltage transformers, and high-current isolation manufacturing
Profitable, debt-free operating business
Established domestic clientele across 40-50 blue-chip accounts
Repeat exports across 7 international markets

Jurisdiction: India (Registered in the State of Maharashtra)

Type of Acquisition: Completed acquisition of shares / business undertaking / control

Promoter/Group Interest: None

Percentage Acquired: Acquisition of controlling stake / 100% equity

Cost of Acquisition: ₹4.50 crore

Consideration Type: Cash Consideration

Product Integration & Manufacturing Heritage: Brings nearly nine decades of engineering expertise, specialised transformer technology, and high-current manufacturing capabilities into Lord's Mark Industries Limited
Battery Energy Storage Systems (BESS) & Medical Devices: Provides a strategic edge in the growing BESS segment and enables in-house component manufacturing to improve profitability and value across the medical device business
Capacity Utilization & Scale: Provides an operating manufacturing infrastructure currently at ~50% single-shift capacity, offering immediate headroom to scale production without heavy upfront capital expenditure
Global Export Footprint: Secures repeat export channels across seven international markets, including Europe, the USA, Canada, South Africa, Dubai, and the Philippines