JV/AcquisitionAcquisition

Borosil Scientific (BOROSCI) is boosting its ownership in key subsidiary Goel Scientific Glass Works Limited.

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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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