Data Patterns to Acquire ST Advanced Composites for ₹10 Cr

Data Patterns (India) Ltd announced its Board of Directors has approved the proposed acquisition of ST Advanced Composites Pvt. Ltd (STAC). The acquisition, valued at ₹10 crore (₹1.50 Cr for equity and ₹8.50 Cr as a loan to STAC), aims to achieve vertical integration by bringing radome and composite structure manufacturing in-house. This move is expected to enhance Data Patterns' capability to offer integrated subsystem solutions, potentially increasing addressable value per program by 1.3-2.0x. STAC, a Chennai-based company specializing in RF-transparent radomes and defense composite solutions, will become a wholly owned subsidiary upon completion, which is anticipated within 3 months.