Corporate News

26-Oct-2026, 08:21

Rollatainers Limited announced the board approved the preferential allotment of 13,45,29,149 equity convertible warrants at a price of Rs 2.23 per warrant, including a premium of Rs 1.23, to three investors, aggregating up to Rs 30.00 crore. The company has received Rs 7.50 crore from the allottees and plans to acquire Satelite Forging Private Limited, a forging and machined auto component manufacturer with a turnover of Rs 715.25 crore as of March 31, 2026, through a share purchase agreement, which would make Satelite Forging a wholly-owned subsidiary of Rollatainers.