Poojawestern Metaliks has received approval from board of directors for entering into a definitive agreement for acquisition of up to 51% majority stake in Saffron Feathers, a company incorporated in Singapore.
The proposed acquisition is in line with the company’s strategic objective to expand and strengthen its presence in overseas markets, particularly in Singapore and other international jurisdictions. The Board of Directors of the company at its meeting held on February 19, 2026, has approved the same.
Poojawestern Metaliks is engaged in the manufacturing and importing brass plumbing fittings, brass ingots, brass pipe inserts and brass sanitary fittings for export only.