Belrise Industries’ Board has approved a scheme of amalgamation involving Badve Autocomps Private Limited and Eximius Infra Tech Solutions Private Limited. The amalgamation aims to consolidate complementary businesses, enhance competitiveness in the automotive sector, and simplify the group structure. The board’s approval is subject to necessary statutory approvals. The meeting concluded at 5:00 PM (IST) on January 31, 2026.
Amalgamation Scheme Approved
The Board of Directors of Belrise Industries has considered and approved a scheme of amalgamation. This involves Badve Autocomps Private Limited (Transferor Company 1) and Eximius Infra Tech Solutions Private Limited (Transferor Company 2) with Belrise Industries Limited (Transferee Company). The decision was made during a meeting held on Saturday, January 31, 2026.
Rationale for the Amalgamation
The amalgamation is aimed at achieving several strategic objectives:
- Consolidation of complementary businesses: Integrating operations to cover the entire value chain.
- Enhanced competitiveness: Undergoing rapid technological and regulatory shifts (EV transition, BS6 enhancements).
- Simplification of Group Structure: Eliminating multi-layered shareholding and cross-holdings.
Financial Details of Entities
The following figures represent the audited standalone financials as of March 31, 2025:
- Badve Autocomps Private Limited (BAPL): Turnover of ₹14,211 Mn and Net-worth of ₹8,046 Mn.
- Eximius Infra Tech Solutions Private Limited (EIL): Turnover of ₹6,571 Mn and Net-worth of ₹2,112 Mn.
- Belrise Industries Limited (BIL): Turnover of ₹65,938 Mn and Net-worth of ₹25,770 Mn.
Shareholding Pattern
The shareholding pattern of Belrise Industries is expected to change post-amalgamation. The pre and post scheme shareholding patterns are as follows:
Pre-Scheme Shareholding Pattern
- Promoters: 59.56%
- Public shareholders: 33.54%
Post-Scheme Shareholding Pattern
- Promoters: 57.92%
- Public shareholders: 32.08%
*Basis shareholding pattern as on December 31, 2025
Source: BSE
