BCC Fuba India Ltd Acquires 51% Stake in Iogems Technologies for INR 45,90,000

BCC Fuba India Ltd has acquired 51% equity stake in Iogems Technologies Private Limited, a subsidiary company, for a total consideration of INR 45,90,000. The acquisition was made through a rights issue and is in compliance with Section 179(3)(e) read with Section 186 and all other applicable provisions of Companies Act, 2013. Iogems Technologies Private Limited is involved in Electronic Manufacturing Services (EMS) and was incorporated on October 23, 2025. The company has a paid-up share capital of INR 1,00,00,000 divided into 10,00,000 equity shares of Rs. 10 each. The acquisition is intended to facilitate forward integration into the target entity's business, leveraging the Company’s established capabilities and experience in Printed Circuit Board (PCB) manufacturing.