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Systematic Industries to acquire Wire Brigade

PRIVATEOct 19, 2026

Acquiring Company

Systematic Industries Ltd

Acquired Company

Wire Brigade Industries Private Limited

IndiaIndia

Description

Systematic Industries Ltd signed a Share Purchase Agreement on 19 October 2026 to acquire 100% of Wire Brigade Industries Private Limited from Veritas Industries Private Limited for Rs 21.5 crore. The consideration includes 9,42,600 new shares issued at Rs 228 each plus a cash component. The deal is a related party transaction and remains subject to regulatory approvals, after which WBIPL becomes a wholly-owned subsidiary.

Company Information

Company

Systematic Industries Ltd

Location

India

About

Systematic Industries Ltd is an Indian company that has signed a Share Purchase Agreement to acquire a 100% equity stake in Wire Brigade Industries Private Limited. The company plans to fund the acquisition through a mix of new equity shares and cash. Systematic Industries and the seller are both part of its Promoter Group.

Fundz sees it the moment Systematic Industries Ltd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Wire Brigade Industries Private Limited?

Wire Brigade Industries Private Limited was acquired by Systematic Industries Ltd, based in India. The deal was reported on October 19, 2026. Systematic Industries Ltd is an Indian company that has signed a Share Purchase Agreement to acquire a 100% equity stake in Wire Brigade Industries Private Limited. Systematic Industries Ltd is privately held.

When did Systematic Industries Ltd acquire Wire Brigade Industries Private Limited?

Systematic Industries Ltd's acquisition of Wire Brigade Industries Private Limited was reported on October 19, 2026. Systematic Industries Ltd signed a Share Purchase Agreement on 19 October 2026 to acquire 100% of Wire Brigade Industries Private Limited from Veritas Industries Private Limited for Rs 21.5 crore. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Wire Brigade Industries Private Limited do?

Wire Brigade Industries Private Limited (WBIPL) is an Indian company whose entire equity is being acquired by Systematic Industries Ltd. Upon completion of the transaction, WBIPL will become a wholly-owned subsidiary of Systematic Industries. It is privately held, and is based in India.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.