The Anup Engineering Limited announced on October 30, 2026, the acquisition of 1,000 equity shares, representing a 10% stake, in the newly incorporated Arvind Global Capability Center Private Limited (“Arvind GCC”). The acquisition was made for a total consideration of ₹10,000, with each share acquired at a face value of ₹10. Arvind GCC will focus on providing centralized business support and shared services to group entities.
Strategic Investment in Shared Services
The Anup Engineering Limited (the Company) has completed a strategic acquisition, purchasing 1,000 equity shares of Arvind Global Capability Center Private Limited (“Arvind GCC”). This transaction, finalized on October 30, 2026, represents a 10% ownership stake in the newly incorporated entity, which has a paid-up equity share capital of ₹1 lakh.
Deal Rationale and Terms
The acquisition was conducted on an arm’s length basis, with the shares acquired through a subscription of equity shares based on an independent valuation report. The total consideration for the stake was ₹10,000, with each share valued at the nominal price of ₹10. Arvind GCC, a newly incorporated company with no prior turnover, is set to provide centralized business support and shared services, including finance, technology, human resources, procurement, analytics, and compliance, to its group entities. The company’s industry focus is business and management consultancy services.
Transaction Details
The acquisition falls under related party transactions, with promoters having an interest through their shareholding in Arvind GCC. This move aims to streamline operations and enhance efficiency across the group. The transaction was completed in cash, and the acquisition was finalized on the date of the announcement. Arvind Global Capability Center Private Limited was incorporated on April 1, 2026, and is an Indian company.
For further details, refer to Annexure A.
Source: BSE
