Jubilant Ingrevia subsidiary to acquire 40% of Zettaone

Jubilant Ingrevia’s wholly owned subsidiary -- Jubilant Advanced Electronics (JAEL) has executed the Share Subscription and Share Purchase Agreement (SSPA) for the acquisition of 40% strategic equity stake in Zettaone Technologies India (Zettaone), with an option to increase its shareholding to 51% during the next year, subject to the terms and conditions of the SPA. Through this acquisition, the company, via JAEL, has entered the rapidly growing Electronics Design and Manufacturing Services (EDMS) sector, which will open a large opportunity for the company. The investment is expected to capitalize on this and create a strong platform to serve customers across semiconductors, aerospace & defense, automotive, and other electronics segments. With the option of taking the shareholding to 51% in FY28, this acquisition becomes more critical for the overall growth journey. Outlook: - With this acquisition, Jubilant Ingrevia enters the semiconductor and EDMS (Electronics Development and Manufacturing Services) value chains as part of its "Pinnacle" growth strategy. - Jubilant’s existing network of global semiconductor chemical clients and CDMO operations are integrated with Zettaone’s technical skill in high-speed, high-power PCB design and hardware manufacturing. - Jubilant strategically expands its market reach into critical, high-growth industries—including aerospace, defense, automotive, medical, and industrial hardware—through Zettaone. Disclosure : I do not hold any position in the mentioned stock. This is only for educational purpose. JUBLINGREA