POCL Enterprises Acquires 51% Stake in Trichy Metals and Alloys

POCL Enterprises Ltd has successfully acquired a 51% equity stake in Trichy Metals and Alloys Private Limited (TMA) for ₹600 crores, effective July 15, 2026. This strategic acquisition, made through a share purchase and subscription agreement, makes TMA a subsidiary of POCL. TMA is engaged in manufacturing lead ingots and other metals, with a refining capacity of 26,000 MTPA and smelting capacity of 21,500 MTPA. For FY26, TMA reported a turnover of ₹163.74 crores and profit after tax of ₹3.60 crores. The acquisition is expected to enhance resource efficiency, boost market share in lead recycling, and offers diversification opportunities into non-ferrous metals.