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POCL Enterprises gets nod to acquire 51% stake in Trichy Metals and Alloys

02 Jul 2026 Evaluate

POCL Enterprises (POEL) has received approval for the acquisition of a controlling 51% stake in Trichy Metals and Alloys (TMA). TMA is engaged in the business of manufacturing of lead ingots and other metals, trading in metals and alloys, and other incidental objects connected. 

The acquisition of TMA, which is engaged in the same line of business as the company, aligns with POEL’s strategic goals of boosting resource efficiency and growing its market share in lead recycling space. This acquisition is expected to create significant value for POEL through synergies with existing TMA shareholders. 

The acquisition is expected to get completed on or before August 30, 2026. Upon completion of the transaction, TMA shall become a subsidiary of POCL Enterprises. Cost of acquisition is Rs 12.47 crore. The Board of Directors of the company at its meeting held on July 01, 2026, inter-alia has approved the same. 

The company specializes in manufacturing and trading of various metals, chemicals and their oxides.


Pocl Enterprises Share Price

176.55 3.30 (1.90%)
03-Jul-2026 09:37 View Price Chart
Peers
Company Name CMP
Hindalco Industries 975.00
Vedanta 280.60
Hindustan Zinc 543.35
Jain Resource Recycl 353.00
CMR Green Tech 246.65
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