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) →

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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.