Apcotex Industries Limited has officially completed the acquisition of a minority equity stake in Opera Vayu (Narmada) Private Limited. This revised intimation, filed under Regulation 30 of SEBI, confirms the subscription of 3,375,000 equity shares to facilitate a long-term power purchase arrangement. The move marks a definitive step in the company’s efforts to integrate sustainable energy sources into its operational framework.

The acquisition, finalized on April 23, 2026, involved a total cash consideration of INR 3.375 Crores. This investment grants Apcotex a 5.12% equity stake in Opera Vayu (Narmada), a Special Purpose Vehicle (SPV) incorporated in August 2022. The primary objective behind this strategic move is the captive consumption of hybrid power, ensuring a stable and potentially more cost-effective energy supply for the company’s manufacturing requirements.

Apcotex Industries Limited is a leading producer of synthetic rubber and synthetic lattices in India, serving diverse sectors such as paper, construction, and footwear. Throughout 2025, the company maintained its focus on expanding its specialized product portfolio and optimizing its supply chain. Recent updates highlight the company’s commitment to ESG (Environmental, Social, and Governance) goals, with this renewable energy partnership being a key milestone. The company operates significant manufacturing facilities in Taloja and Valia, continuing to strengthen its domestic market leadership while expanding its export footprint.

For the quarter ended December 31, 2025, Apcotex Industries reported a consolidated revenue of ₹1,682.43 Crores. During the same period, the company achieved a profit of ₹29.61 Crores. These results reflect the company’s resilience amid fluctuating raw material costs in the chemical sector. Notable institutional presence in the company includes holdings by various domestic mutual funds and individual investors who track the specialized chemical industry. The 2025 fiscal year has been characterized by steady revenue streams and a focus on maintaining margins through improved operational efficiencies.

Note: This blog post is formatted for ready-to-publish use. All financial figures are presented in Crores for consistency.