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JTL Industries acquires RCI Industries for ₹46.50 crore

PRIVATENov 19, 2025

Acquiring Company

JTL Industries

Acquired Company

RCI Industries & Technologies

ChandigarhNew DelhiManufacturingAgriculture and FarmingFarmingManufacturingConsulting

Description

JTL Industries Limited has completed its ₹46.50 crore payment for acquiring RCI Industries & Technologies Limited. This acquisition, following NCLT's approval, marks a key expansion move for JTL Industries. The payment adhered to a 60-day timeline established by the tribunal. JTL aims to strengthen its market position through this strategic acquisition.

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Company Information

Company

JTL Industries

Location

Chandigarh, Chandigarh, India

About

JTL Industries Limited is engaged in the manufacture and supply of steel tubes, pipes, and allied products. The company produces a diverse range of steel products catering to various sectors such as agriculture, water, energy, construction, and infrastructure.

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Frequently asked

Who acquired RCI Industries & Technologies?

RCI Industries & Technologies was acquired by JTL Industries, based in Chandigarh. The deal was reported on November 19, 2025. JTL Industries Limited is engaged in the manufacture and supply of steel tubes, pipes, and allied products. JTL Industries is privately held and operates in Manufacturing.

When did JTL Industries acquire RCI Industries & Technologies?

JTL Industries's acquisition of RCI Industries & Technologies was reported on November 19, 2025. JTL Industries Limited has completed its ₹46.50 crore payment for acquiring RCI Industries & Technologies Limited. This acquisition, following NCLT's approval, marks a key expansion move for JTL Industries. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does RCI Industries & Technologies do?

RCI Industries and Technologies Ltd. is a New Delhi–headquartered company that has grown from a trading firm in Sadar Bazar to a major manufacturer with markets across the Middle East, Russia, and Africa. It is privately held, operating in Manufacturing, and is based in New Delhi.

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