POCL to acquire 51% stake in TMA; TMA FY26 turnover ₹163.74 Cr

POCL Enterprises Ltd's Board has approved the acquisition of a 51% equity stake in Trichy Metals and Alloys Private Limited (TMA). TMA, incorporated in 2019, is engaged in manufacturing lead ingots and other metals, with an installed refining capacity of approximately 26,000 MTPA and smelting capacity of 21,500 MTPA. For the financial year ended March 31, 2026, TMA reported a turnover of ₹163.74 crores and a profit after tax of ₹3.60 crores. The acquisition, involving both share purchase and preferential subscription, is strategic for diversification into non-ferrous metals and leverages TMA's profitability and established supply chain. The transaction is expected to be completed by August 30, 2026, making TMA a subsidiary of POCL Enterprises.