Acquisition / mergerFiled on BSE ·
Lord’s Mark Industries Limited acquires Radio Electric Private Limited (Radiotone)
Lords Mark Industries · Commercial Services & Supplies
What the filing says
- Acquisition adds specialised transformer technology, blue-chip customers, export presence and manufacturing capacity into Lord’s Mark’s portfolio.
- Radio Electric Private Limited has operated since 1939 with the Radiotone brand since 1980, specialising in variable autotransformers (Variacs) and toroidal transformers.
- The acquisition secures a profitable, debt-free business with approximately 40-50 customers, export markets in 7 countries, and manufacturing capacity at 50% utilization.
Original filing
Announcement under Regulation 30 (LODR)-Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Lords Mark Industries
- Acquisition / mergerLord’s Mark Industries Limited completes acquisition of Radio Electric Private Limited
- Capex / expansionLord's Mark Industries' promoter sells shares and proposes reinvestment for expansion
- Capex / expansionLord's Mark Industries shares sold by promoter, reinvestment proposed for expansion
- Capex / expansionLord's Mark Industries completes Phase I expansion at Silvassa facility ahead of schedule
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.