Lords Mark Acquires Radio Electric Private Limited for ₹4.5 Cr
Lords Mark Industries Ltd has completed the acquisition of Radio Electric Private Limited, the manufacturer of the 'Radiotone' brand, for ₹4.50 Crore in cash. This strategic move aims to expand the company's Lighting & Energy Division into specialized electrical manufacturing and engineering. Radio Electric Private Limited, founded in 1939, brings expertise in transformers and a profitable, debt-free operating history with a strong domestic and international client base. The acquisition is expected to enhance product integration, provide a strategic edge in Battery Energy Storage Systems (BESS) and medical devices through in-house component manufacturing, and leverage existing manufacturing infrastructure at 50% capacity. It also secures repeat export channels across seven international markets.
Key Highlights
- Acquisition of Radio Electric Private Limited ('Radiotone') completed for ₹4.50 Crore.
- Strengthens Lords Mark's Lighting & Energy Division with specialized manufacturing.
- Acquisition brings 87-year engineering heritage and transformer technology.
- Enhances capabilities in BESS and medical device component manufacturing.
- Secures existing export channels across seven international markets.
Price Impact
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