The company has acquired a 75% stake in LA TIM BUILDARCH LLP, a roofing and building materials entity, through a cash transaction totaling Rs. 7.5 lakh.

This acquisition is tied to the promoter group, with Mr. Parth Timbadia, son of the managing director, representing the deal on behalf of Latim Metal and Industries Ltd. The move aims to expand the company’s business scope going forward, although LA TIM BUILDARCH LLP currently has no turnover.

This strategic investment could enhance future growth opportunities in related segments.