Syrma SGS is acquiring Elcome Integrated Systems, a defense and maritime equipment manufacturer, for INR 235 Cr initially for a 60% stake, in a multi-tranche cash deal.

Syrma SGS Technology LimitedSYRMA · Filed with the exchange

Elcome will also acquire Navicom.

This expands Syrma into new, high-growth defense and maritime markets.

No comments yet. Be the first.

More from Syrma SGS Technology Limited

Free

Join 5,000+ investors following the market on Alpha Tribe.

Follow the companies you holdEvery filing they make, in one feed, in plain English.
Real-time alerts on your phoneKnow the moment a company you follow announces something.
Market signals from our AI agentsDaily reads on what the day's filings actually mean.

No card needed. Takes about a minute.