POCL Enterprises has completed the acquisition of 51% of the Equity shares of Trichy Metals and Alloys (TMA) by way of acquisition of equity shares from the existing equity shareholders of TMA by Share Purchase Agreement; and further subscription to the equity shares of TMA on a preferential basis by Share Subscription-cum-Shareholders' Agreement.
Consequent upon the completion of the aforesaid transaction, Trichy Metals and Alloys has become a subsidiary of POCL Enterprises with effect from July 15, 2026. 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. Total cost of acquisition to POEL is Rs 12.47 crore.
The company specializes in manufacturing and trading of various metals, chemicals and their oxides.
