Jubilant Ingrevia Acquires 40% Stake in Zettaone Technologies

Jubilant Ingrevia Limited, through its wholly owned subsidiary Jubilant Advanced Electronics Limited (JAEL), has executed a Share Subscription and Share Purchase Agreement (SSPA) to acquire a 40% strategic equity stake in Zettaone Technologies India Private Limited. JAEL also holds an option to increase its shareholding to 51% within the next year. This acquisition marks Jubilant Ingrevia's entry into the Electronics Design and Manufacturing Services (EDMS) sector, aiming to serve semiconductors, aerospace & defense, automotive, and other electronics segments. The move is expected to leverage the company's manufacturing expertise and customer-centric capabilities to offer an integrated value proposition, accelerating growth in its semiconductor and electronics chemicals vertical.