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Belding India’s arm acquires 55% stake in Metafin Technology

06 Mar 2026 Evaluate

Belding India’s wholly owned subsidiary -- DC&T Global has acquired 55% shareholding of Metafin Technology (Metafin) on March 5, 2026, by way of subscription to fresh equity shares in Metafin. The cost of said acquisition is around Rs 1.49 crore. The acquisition aims to expand the company’s footprint in the Engineering, Industrial Equipment & Automation industry.

Metafin manufactures specialized engineering products such as airport self-checkin kiosks, IT racks, truck-mounted racks, telecom tower racks, Insulated Fire Doors and other industrial equipment. These products cater to multiple sectors including aviation, defense, telecom, and other industrial applications.

Belding India (formerly known as Synthiko Foils) is engaged in manufacturing, supplying and exporting Aluminium Packaging Foils. The range offered by it comprises Alu Alu Foils, Lidding Foil, Two Ply And Three Ply Laminates, Blister Foil, Printed Aluminum Foil, Laminated Aluminum Foil and Aluminum Foil Lids.

Peers
Company Name CMP
Uflex 663.05
EPL 238.55
AGI Greenpac 803.90
Huhtamaki India 242.40
TCPL Packaging 4107.35
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