Fundraise / allotmentFiled on BSE ·
Systematic Industries Limited acquires 100% stake in Wire Brigade Industries Pvt Ltd
Systematic Industries Ltd · Industrial Products
What the filing says
- Board approved acquisition of 10,000 equity shares of WBIPL at ₹21,500/share on September 8, 2026
- Consideration: allotment of 9,42,600 equity shares of Systematic Industries at ₹228/share (share swap) plus cash payment of ₹86,000 for 4 shares
- Preferential issue of up to 14,88,600 shares totaling ₹33.94 crore to promoters and non-promoters approved; EoGM scheduled for October 1, 2026
Original filing
Board Meeting Outcome for Outcome Of Board Meeting Held On 08Th September, 2026
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Waaree Energies
Electrical Equipment
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More from Systematic Industries Ltd
- Fundraise / allotmentSystematic Industries Limited completes preferential issue of 14.88 lakh shares at ₹228 each
- Fundraise / allotmentSystematic Industries Ltd proposes preferential issue of up to 14.89 lakh shares at ₹228 each
- Fundraise / allotmentSystematic Industries Ltd approves acquisition of Wire Brigade Industries Pvt Ltd
- Fundraise / allotmentSystematic Industries Ltd acquires Wire Brigade, raises ₹33.94 crore via preferential issue
- Fundraise / allotmentSystematic Industries Ltd approves acquisition of Wire Brigade Industries Pvt Ltd
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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.
