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Jash Engineering revises acquisition deal, Long Stop Date extended to Jan 23
Jash Engineering Limited
January 16, 2026, 12:01 PM
Jash Engineering amends its SPA for WesTech Process Equipment India Private Limited. The acquisition value is revised to ₹29.11 Crore for 90% stake. The Long Stop Date is extended to January 23, 2026. This strategic move aims to enter Mining, Metal, and Paper segments.
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Jash Engineering Limited has announced an amendment to its Share Purchase Agreement (SPA) originally dated December 11, 2025, with WesTech Engineering, LLC and other shareholders concerning the acquisition of WesTech Process Equipment India Private Limited.
The company has revised the acquisition value to ₹29,11,40,750 for 90% of the issued, subscribed, and paid-up share capital, constituting 53,99,849 equity shares. The Long Stop Date for this acquisition has been extended to January 23, 2026, and all future references to this date will be adjusted accordingly.
WesTech Process Equipment India Private Limited is engaged in providing equipment and systems to the process industry, including mineral processing, alumina refinery, paper and pulp, and chemical and cellulosic industries. This strategic acquisition is expected to facilitate Jash Engineering's entry into the industrial segments of Mining, Metal, and Paper, with WesTech Process Equipment India Private Limited becoming a subsidiary post-acquisition. The transaction is not a related party transaction and is conducted on an arm's length basis. The previous turnover for WesTech Process Equipment India Private Limited as of March 31, 2025, was ₹56.01 Crore.
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