JV/AcquisitionAcquisition
Borosil Scientific (BOROSCI) is boosting its ownership in key subsidiary Goel Scientific Glass Works Limited.
Borosil Scientific LimitedBOROSCI · Filed with the exchange
The company invested ₹11.68 Cr via a rights issue, increasing its stake to 99.37%. This strategic move aims to fund Goel's capital and operational needs, supporting its growth in industrial glass process systems and laboratory glassware.
Goel, which clocked a ₹49.28 Cr turnover in FY25, is central to Borosil's core business, and this investment reinforces its position and future potential.
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