Acquisition announced

Brahmanand Pipes Private Limited has completed the acquisition of land for a new manufacturing facility, with construction expected to finish by the first quarter of the financial year 2026–27 and commercial production to start in the second quarter. The new facility will have an installed capacity of approximately 12,000 metric tonnes per annum, aiming to increase the company's overall production capacity by about 50%. The Board of Directors has approved this expansion to…

An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.

• Consideration and how it is funded
• Revenue and profit of the target
• Expected completion date