Rajoo Engineers signs definitive agreement for strategic acquisition

Rajoo Engineers Limited executed a definitive agreement on September 10, 2025, to acquire a target entity. The acquisition is a strategic move aimed at expanding Rajoo's vision for inorganic growth, with the synergy expected to strengthen the company's position by offering end-to-end solutions to customers across the value chain. The target entity operates in the manufacturing of machines catering to various industries.

Details regarding the name of the acquired party, cost of acquisition, percentage of shareholding acquired, and background information about the entity remain confidential at this stage, pending the completion of the transaction. The transaction is not classified as a related party transaction.

The indicative time period for completing the acquisition is 30 days, with the consideration being cash. No governmental or regulatory approvals are required for this acquisition.