Acquiring Company
Kirloskar Ferrous Industries Limited
Acquired Company
ISMT Limited
BengaluruMadhya PradeshManufacturingAutomotiveManufacturingMiningPrecious MetalsBuilding MaterialDescription
Kirloskar Ferrous Industries Limited has completed the acquisition of ISMT Limited, as directed by the National Company Law Tribunal. This merger involves a one-time expense incurred for stamp duty and associated fees. This strategic move aims to enhance operational capabilities and market reach. The acquisition is expected to reinforce Kirloskar's position in the steel manufacturing sector.
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Based on deal dataFrequently asked
Who acquired ISMT Limited?
ISMT Limited was acquired by Kirloskar Ferrous Industries Limited, based in Bengaluru. The deal was reported on August 12, 2026. Kirloskar Ferrous Industries Limited is a leading manufacturer of iron and steel products. The company primarily operates in the automotive, infrastructure, and engineering sectors. Kirloskar Ferrous Industries Limited is privately held and operates in Manufacturing.
When did Kirloskar Ferrous Industries Limited acquire ISMT Limited?
Kirloskar Ferrous Industries Limited's acquisition of ISMT Limited was reported on August 12, 2026. Kirloskar Ferrous Industries Limited has completed the acquisition of ISMT Limited, as directed by the National Company Law Tribunal. This merger involves a one-time expense incurred for stamp duty and associated fees. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ISMT Limited do?
ISMT Limited is a prominent manufacturer of steel products in India. The company produces a wide range of steel products for various applications, including automotive and engineering sectors. It is privately held, operating in Manufacturing, and is based in Madhya Pradesh.