Key Quantitative Figures

Smiths & Founders (India) Limited:

  • Paid-Up Capital: ₹10,19,96,525
  • Turnover: ₹13.98 Crores

SKF Elixer India Private Limited:

  • Paid-Up Capital: ₹15,45,41,666
  • Turnover: ₹235.45 Crores

Transaction Details

  • Related Party Transaction: The transaction is confirmed not to be a related party transaction.
  • Area of Business: The business of both entities is in the Engineering and Capital Goods sector.
  • Rationale: The stated rationale for the merger is "Growth and Diversification".
  • Consideration: The disclosure states "Not Applicable" for cash consideration and share exchange ratio.
  • Shareholding Pattern Change: The disclosure states "Not Applicable" for brief details of change in the shareholding pattern of the listed entity.