Date: July 16, 2026
Acquisition Details
Oriental Trimex Limited has subscribed/acquired a 51% stake in Jaydev Granites, a partnership firm incorporated on July 16, 2026. The acquisition was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Target Entity Information
Name: JAYDEV GRANITES
Total Capital: ₹1,00,000 (Rupees One Lakh Only)
Turnover: Nil (yet to commence business operations)
Business: The firm shall engage in the business of manufacturing and trading of all types of granites, marbles etc. along with any other related activities.
Incorporation Date: July 16, 2026
Location: Odisha, India
Transaction Details
Stake Acquired: 51%
Consideration: ₹51,000 capital contribution in cash
Related Party Status: Not a related party transaction. Promoters/Promoter Group/Group Companies have no interest in the entity being acquired.
Government Approvals: Not Applicable
Completion Timeline: Not Applicable
Strategic Rationale
The object of incorporation of the Firm is to diversify the Company's business into the granite and marble mining and extraction business, representing a strategic expansion beyond the company's main line of business.
Not Specified Sections
Financial Results, Dividend Declaration, Board Meeting Outcomes, Auditor's Report, KMP/Board Changes, Media Release/Investor Communication, Other Operational/Legal/Strategic Disclosures