Authum Investment & Infrastructure Ltd. has agreed to acquire 100% of BIC Cello (India) Private Limited for a cash consideration of ₹153.34 Crores, subject to closing adjustments. The acquisition, expected to complete within 30 days, marks a strategic move for Authum, aiming to enhance portfolio diversification and create value. BIC Cello (India) is engaged in manufacturing and distributing writing instruments and stationery.
Acquisition Announcement
Authum Investment & Infrastructure Ltd. announced on October 28, 2025, an agreement to acquire 100% shares of BIC Cello (India) Private Limited. The acquisition will be completed through a cash transaction.
Deal Details
The total enterprise value for the acquisition is ₹153.34 Crores, subject to closing adjustments. The deal is expected to be completed within 30 days, pending the satisfaction of customary closing conditions.
Target Company Profile
BIC Cello (India) Private Limited is involved in the manufacturing and distribution of writing instruments and other stationeries. As of March 31, 2025, BIC Cello (India)’s net worth was ₹30.38 Crores, and its turnover was ₹353.07 Crores.
Strategic Rationale
The acquisition aligns with Authum Investment’s objective of portfolio diversification and creating value. BIC Cello (India)’s strong fundamentals were a key factor in the decision.
Source: BSE
