BSECompany Update1 Sept 2026 · 1 Sept 2026, 04:52 pm
Intimation for acquisition of Land in District Satara, Maharasthra
Tipco Engineering India Ltd · 544740
✦ AI Summary▲ PositiveExpansion
Tipco Engineering India Ltd has acquired an industrial land parcel of approximately 13,212 square metres in Satara, Maharashtra for ₹7.15 crore, inclusive of all expenses, to strengthen its manufacturing infrastructure and support future growth plans.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10
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Full Announcement
Tipco Engineering India Ltd - 544740 - Announcement under Regulation 30 (LODR)-Acquisition
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September 01st, 2026
BSE Limited
Listing & Compliance Department
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai, 400001,
Maharashtra, India
Company Symbol : TIPCO
Company Scrip Code : 544740
Company ISIN : INE1U6D01014
Subject: Intimation for acquisition of Land in District Satara – 412801, Maharashtra.
Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
("Listing Regulations”).
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
read with Schedule III thereto, we hereby inform you that Tipco Engineering India Limited (Formerly Known as
“Tipco Engineering India Private Limited”) has purchased land for the purpose of business expansion. The total
consideration for the acquisition is ₹7.15 crore (Rupees Seven Crore Fifteen Lakh only), inclusive of all expenses.
Further, the detailed disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Circular
No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure-A.
A copy of the same will also be uploaded on the Company’s website. https://tipcoengineering.com/
Thanking you,
Yours Faithfully,
For Tipco Engineering India Limited
(Formerly Known as “Tipco Engineering India Private Limited”)
Ritesh Sharma
Managing Director
DIN: 08358943
Place: Sonepat
Disclosures as required under SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 Dated
January 30, 2026.
Annexure-A
Particulars Details
Name of the Entity NA
Whether the acquisition would fall within related No
party transaction(s)? If yes, nature of interest and
details thereof and whether the same is done at
“arm’s length
Industry to which the entity being acquired belongs NA
Objects and effects of acquisition (including but not The acquisition of industrial land is intended to strengthen the
limited to, disclosure of reasons for acquisition of Company's manufacturing infrastructure and industrial asset
target entity, if its business is outside the main line of base to support its business requirements and future growth
business of the listed entity) plans. The additional land provides flexibility to establish
enhanced production and assembly capabilities, install
advanced machinery, and develop supporting infrastructure as
business requirements evolve. The acquisition is within the
Company's existing line of business, viz. manufacture of
process plants, machinery and equipment, and is not outside
its main line of business.
Brief details of any governmental or regulatory NA
approvals required for the acquisition.
Indicative time period for completion of the The acquisition has already been completed. The sale deed for
acquisition. the said land was registered on August 31, 2026.
Cost of acquisition or the price at which the shares ₹7.15 crore (Rupees Seven Crore Fifteen Lakh only),
are acquired. inclusive of all expenses
Percentage of shareholding / control acquired and / Not Applicable, as the transaction pertains to acquisition of
or number of shares acquired. immovable property (industrial land) and does not involve
acquisition of shares, equity or control of any entity
Land Size and Address for the property Approximately 13,212 square metres (approx. 3.26 acres),
comprising portions of Gat Nos. 1272, 1273, 1274, 1275,
1278 and 1279, situated at Chordia Industrial Park, Village
Naigaon, Taluka Khandala, District Satara – 412801,
Maharashtra
Brief background about the entity acquired in terms Not Applicable, as this disclosure relates to acquisition of
of products/line of business acquired, date of immovable property (industrial land) and not to acquisition of
incorporation, history of last 3 years turnover, an entity/company
country in which the acquired entity has presence
and any other significant information (in brief)
Tipco Engineering India Limited Acquires Industrial Land in Satara,
Maharashtra, for ₹7.15 Crore (Inclusive of All Expenses)
Satara, September 01, 2026 (BSE SME: 544740): Tipco Engineering India Limited has
acquired an industrial land parcel admeasuring approximately 13,212 square metres (3.26
acres) at Chordia Industrial Park, Village Naigaon, Taluka Khandala, District Satara – 412801,
Maharashtra, for a total consideration of ₹7.15 crore, inclusive of all expenses.
The land admeasures approximately 13,212 square metres and comprises portions of Gat
Nos. 1272, 1273, 1274, 1275, 1278 and 1279.
The property has been acquired for a total consideration of ₹7.15 crore, inclusive of all
expenses, with the transaction registered on August 31, 2026.
The acquisition strengthens the Company’s industrial asset base and provides additional
infrastructure to support its business requirements and future growth plans.
Key Transaction Details
Particulars Details
Chordia Industrial Park, Village Naigaon, Taluka Khandala, District
Location
Satara – 412801, Maharashtra.
Total land area Approximately 13,212 sq. metres
Acquisition value ₹7.15 crore, inclusive of all expenses
Registration date August 31, 2026
Property type Industrial land
Strategic Benefits of the Acquisition
The acquisition is expected to strengthen Tipco Engineering’s manufacturing infrastructure
and support its long-term expansion plans. The additional industrial land will provide the
Company with the flexibility to establish enhanced production and assembly capabilities,
accommodate advanced machinery and develop supporting infrastructure as business
requirements evolve.
The strategically located land parcel strengthens the Company’s industrial footprint in
Maharashtra and provides a strong foundation for future manufacturing expansion. The
acquisition will enable Tipco Engineering to plan additional capacity, streamline operations
and enhance its ability to serve a wider customer base across domestic and export markets.
Commenting on the development, Mr. Ritesh Sharma, Promoter, Chairman & Managing
Director of Tipco Engineering India Limited, said:
“The acquisition of this industrial land marks an important step in Tipco Engineering’s long-
term growth journey. The additional space will provide us with the flexibility to expand our
manufacturing infrastructure, install advanced machinery and strengthen our production
capabilities in line with evolving business requirements. The strategic location within the MIDC
industrial ecosystem will also provide access to established infrastructure, connectivity, skilled
manpower and a strong supplier network. We believe this acquisition will enhance our
operational scalability and better position us to serve growing demand across domestic and
international markets.”
About Tipco Engineering India Limited
Established in 1985, Tipco Engineering India Limited manufactures process plants, machinery
and equipment for industries including chemicals, paints, inks, pharmaceuticals, minerals,
food and polyester resins. Its product portfolio includes mixers, grinders, dispersers, milling,
drying and separating equipment, along with customised production solutions. Supported by
qualified engineers and skilled professionals, the Company undertakes over 90% of its
manufacturing activities in-house and serves customers across India and international
markets.
Disclaimer
Certain statements in this document that are not historical facts are forward looking
statements. Such forward-looking statements are subject to certain risks and uncertainties like
government actions, local, political or economic developments, technological risks, and many
other factors that could cause actual results to differ materially from those contemplated by
the relevant forward-looking statements. The Company will not be in any way responsible for
any action taken based on such statements and undertakes no obligation to publicly update
these forward-looking statements to reflect subsequent events or circumstances.
For Further Information Please Contact Corporate Communication Advisor:
Ms Pooja Gandhi
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