Acquisitions15 Dec 2025, 12:41 pm
Bajaj Steel Industries: Vidarbha Tradelinks Acquires Bajaj Exports' Stake via NCLT-Approved Scheme
AI Summary
Vidarbha Tradelinks Pvt Ltd, a part of the Promoter Group of Bajaj Steel Industries Limited, has acquired the entire shareholding of Bajaj Exports Private Limited in Bajaj Steel Industries Limited through an NCLT-approved Scheme of Arrangement. The acquisition took place on 11/12/2025. Post-acquisition, Vidarbha Tradelinks holds 16,39% of the total voting rights in Bajaj Steel Industries Limited.
Key Highlights
- Vidarbha Tradelinks Pvt Ltd, a part of the Promoter Group, acquires Bajaj Exports' stake in Bajaj Steel Industries Ltd.
- The acquisition is carried out through an NCLT-approved Scheme of Arrangement.
- Bajaj Exports' entire shareholding in Bajaj Steel Industries has been transferred and vested into Vidarbha Tradelinks.
- Post-acquisition, Vidarbha Tradelinks holds 16,39% of the total voting rights in Bajaj Steel Industries.
- The acquisition took place on 11/12/2025.