Joint Venture30 Dec 2025, 06:11 pm
Syrma SGS Technology Acquires 75% Stake in Syrma Strategic Electronics JV
AI Summary
Syrma SGS Technology Ltd has completed the acquisition of 75% equity shares in Syrma Strategic Electronics Private Limited, a joint venture with SH Electronic Co. Limited, South Korea. The joint venture aims to manufacture multi-layer Printed Circuit Board (PCB) and Copper Clad Laminate (CCL) for various industries in India. The acquisition was done in accordance with the Joint Venture Agreement signed on July 15, 2025. The JV Company has issued and credited 6,70,448 Equity Shares to Syrma SGS Technology Ltd and 2,26,816 Equity Shares to SH Electronic Co. Limited.
Key Highlights
- Syrma SGS Technology Ltd has acquired 75% equity shares in Syrma Strategic Electronics Private Limited
- The acquisition is part of a joint venture with SH Electronic Co. Limited, South Korea
- The joint venture aims to manufacture multi-layer Printed Circuit Board (PCB) and Copper Clad Laminate (CCL) for various industries
- 6,70,448 Equity Shares have been issued to Syrma SGS Technology Ltd and 2,26,816 Equity Shares to SH Electronic Co. Limited
- The transaction is in line with the Joint Venture Agreement signed on July 15, 2025