Acquisitions28 Oct 2025, 02:33 pm
Authum Investment & Infrastructure Ltd to Acquire BIC Cello (India) Private Limited for INR 153.34 Crores
AI Summary
Authum Investment & Infrastructure Ltd has agreed to acquire 100% shares of BIC Cello (India) Private Limited for a total enterprise value of INR 153.34 Crores, subject to closing adjustments. The target entity is engaged in the business of manufacturing and distribution of Writing Instruments and Other Stationeries. The acquisition is not a related party transaction and is expected to be completed within 30 days from the date of entering into the agreement. BIC Cello (India) Private Limited has a strong financial position with a net worth of INR 30.38 Crores and a turnover of INR 353.07 Crores as of March 31, 2025.
Key Highlights
- Authum Investment & Infrastructure Ltd to acquire 100% shares of BIC Cello (India) Private Limited
- Total enterprise value of INR 153.34 Crores, subject to closing adjustments
- Target entity engaged in manufacturing and distribution of Writing Instruments and Other Stationeries
- Expected completion within 30 days from the date of agreement
- BIC Cello (India) Private Limited has a strong financial position with a net worth of INR 30.38 Crores and a turnover of INR 353.07 Crores as of March 31, 2025