Jubilant Ingrevia to Acquire 40% Stake in Zettaone for ₹189.2 Cr

Jubilant Ingrevia Limited has entered into a binding term sheet to acquire a 40% strategic equity stake in Zettaone Technologies India Private Limited for ₹189.2 crore. This acquisition aligns with Jubilant Ingrevia's growth strategy, enabling its expansion into the Electronics Development and Manufacturing Services (EDMS) sector. Zettaone, an integrated electronics design and manufacturing platform, will become an associate of Jubilant Ingrevia upon completion. The transaction is expected to be completed in two tranches by September 2027 and aims to create long-term value by leveraging Jubilant's manufacturing capabilities in the electronics and semiconductor space.