Syrma SGS Technology Limited has announced the acquisition of equity shares in Syrma Strategic Electronics Private Limited, according to a Joint Venture Agreement. As of December 30, 2025, Syrma Strategic Electronics has issued shares, resulting in Syrma SGS holding 75% of the company, while SH Electronic Co. Limited holds 25% of the paid-up capital.
Equity Share Acquisition
Syrma SGS Technology Limited has completed the acquisition of equity shares in Syrma Strategic Electronics Private Limited, as per the Joint Venture Agreement. The acquisition was finalized on December 30, 2025.
Details of Share Allocation
As a result of the share issuance by Syrma Strategic Electronics Private Limited, Syrma SGS Technology Limited now holds 6,70,448 Equity Shares. Simultaneously, 2,26,816 Equity Shares were credited to the account of SH Electronic Co. Limited.
New Shareholding Structure
Following the allotment of shares, the shareholding structure of Syrma Strategic Electronics Private Limited has changed. Syrma SGS Technology Limited now controls 75%, while SH Electronic Co. Limited owns 25% of the paid-up capital.
Background of the Joint Venture
The Joint Venture Agreement with SH Electronic Co. Limited, South Korea, was established on July 15, 2025. The purpose of this venture is to manufacture multi-layer Printed Circuit Boards (PCBs) and Copper Clad Laminates (CCLs) for use in automobile electronic equipment, home electronic appliances, IT, and medical services within India.
Source: BSE
