Date: August 18, 2026
M&A / Strategic Actions
Repro Books Limited (RBL), a wholly owned subsidiary of Repro India Limited, has entered into a Share Purchase Agreement dated August 18, 2026 at 11:30 a.m. IST with the existing shareholders of Repro LLC for acquisition of 100% of the equity shares of Repro LLC.
Target Company Details:
- Name: Repro LLC
- Paid up Capital: AED 10,000 divided into 100 equity shares of AED 100 each
- Turnover: Nil (has not commenced business operations)
- Industry: Distribution of Books - Online and Offline
- Incorporation Date: July 15, 2025
- Country of Incorporation: Sharjah Media City, Sharjah, United Arab Emirates
Transaction Details:
- Acquisition of 100% equity stake comprising 100 equity shares
- Cash consideration of AED 10,000
- Nature: Related party transaction (sellers are Mr. Mukesh Dhruve and Mr. Vinod Vohra, Promoters/Directors of Repro India Limited)
- Transaction conducted on arm's length basis
- RBL Board approval obtained on July 22, 2026
Strategic Rationale:
The acquisition is intended to strengthen the Company's presence and business operations in the UAE and enable RBL, through Repro LLC, to undertake the business of distribution of Books - Online and Offline. The acquisition is expected to support the Company's organic growth strategy and facilitate expansion in the UAE market.
Regulatory Approvals:
Completion of the acquisition is subject to completion/approval of applicable share transfer formalities with SHAMS (Sharjah Media City), UAE and such other regulatory/compliance formalities as may be applicable.
Timeline:
Subject to completion of applicable SHAMS share transfer/registration formalities, which is expected to be completed on or before August 31, 2026 or such other date as may be determined based on receipt of requisite approvals.
Corporate Structure Impact:
Upon completion of the acquisition, Repro LLC will become a wholly owned subsidiary of RBL and consequently a step-down wholly owned subsidiary of Repro India Limited.