Belding India Subsidiary Acquires 55% Stake in Engineering Firm Metafin Technology for Rs. 1.49 Crore
Published on: March 5, 2026, 6:54 p.m. | Source: scanx.trade
Belding India Limited's wholly owned subsidiary DC&T Global Private Limited has completed the acquisition of 55% shareholding in Metafin Technology Private Limited for Rs. 1,49,12,060 on March 5, 2026. The transaction involved subscription to 12,223 fresh equity shares at Rs. 1,220 per share. Metafin Technology manufactures specialized engineering products including airport kiosks, IT racks, and telecom equipment for aviation, defense, and industrial sectors, with FY 2024-25 turnover of Rs. 0.94 crore. This strategic cash acquisition aims to expand Belding India's presence in the Engineering, Industrial Equipment & Automation industry.
