Acquisitions11 Dec 2025, 07:11 pm
JTL Industries Acquires RCI Industries for INR 10 Crores, Gaining a Foothold in Non-Ferrous Metal Products
AI Summary
JTL Industries Limited has acquired RCI Industries & Technologies Limited for INR 10 Crores, as part of the approved resolution plan. This acquisition will allow JTL to broaden its portfolio with flat and round non-ferrous metal products, particularly copper. RCI's manufacturing plant in Baddi, Himachal Pradesh, and its attractively valued assets provide a high-value opportunity for JTL. The acquisition was completed with the handover of the Target Company by the Monitoring Committee to JTL on 9th December 2025.
Key Highlights
- JTL Industries acquires RCI Industries for INR 10 Crores
- Acquisition allows JTL to broaden its portfolio with non-ferrous metal products
- RCI's assets provide a high-value acquisition opportunity for JTL
- Acquisition completed with the handover of the Target Company by the Monitoring Committee to JTL on 9th December 2025