StockWatch
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Granites & Marbles
Acquisitions16 Jul 2026, 06:01 pm

Oriental Trimex Acquires 51% Stake in Jaydev Granites

AI Summary

Oriental Trimex Ltd has acquired a 51% stake in Jaydev Granites, a newly incorporated partnership firm. The acquisition cost is ₹51,000, representing a capital contribution. Jaydev Granites, incorporated on July 16, 2026, is yet to commence operations and has a total capital of ₹1,00,000. The company's objective is to diversify into the granite and marble mining and extraction business. The transaction is a cash infusion and does not involve related parties. Jaydev Granites will engage in manufacturing and trading of granites and marbles.

Key Highlights

  • Oriental Trimex acquires 51% stake in Jaydev Granites.
  • Acquisition cost is ₹51,000 via cash infusion.
  • Diversification into granite and marble business.
  • Target entity yet to commence operations.