BSECompany Update8 Sept 2026 · 8 Sept 2026, 07:30 pm
Press Release tittled "Systematic Industries Limited" funds raise through Preferential Issue.
Systematic Industries Ltd · 544541
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Systematic Industries Ltd has announced a strategic acquisition of 100% equity shareholding of Wire Brigade Industries Private Limited, a Promoter Group Entity, for ₹ 21.50 Crore. The acquisition includes a manufacturing facility in Howrah, West Bengal, with a capacity of 24,000 MT per annum. The company will also raise ₹ 33.94 Crore through a preferential issue.
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Systematic Industries Ltd - 544541 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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September 08, 2026
The Manager,
Department of Corporate Services,
BSE Limited,
Phirozee Jeejeeboy Towers,
Dalal Street, Fort, Mumbai – 400 001.
Reference: Systematic Industries Limited (“the Company”)
Scrip Code: 544541 ISIN: INE1KLZ01011
Re: - Press Release
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed a copy of Press Release titled “Systematic Industries Limited” funds raise
of Rs. 33.94 crore through Preferential Issue” which is self - explanatory.
Please take the above on records.
Thanking you
Yours faithfully,
For, Systematic Industries Limited
(Formerly known as Systematic lndustries Private Limited)
Siddharth Rajendra Agarwal
Managing Director
DIN:00515410
Encl: as above
PRESS RELEASE
Systematic Industries Limited Announces Strategic Acquisition of Wire Brigade
Industries Private Limited, Expanding Manufacturing Capacity to 1.72 Lakh MT.
Strategically located in Howrah, West Bengal; along with a ₹33.94 crore
Preferential Issue backed by reputed investors.
Mumbai, September 08, 2026:
Systematic Industries Limited (“Systematic” or the “Company”) today announced a strategic step
towards expanding its manufacturing footprint and strengthening its presence across India through
the proposed acquisition of 100% equity shareholding of Wire Brigade Industries Private Limited
(“Wire Brigade”), a Promoter Group Entity engaged in the Manufacturing of Galvanized Steel Wire
and Strips.
Strategically located at Howrah, West Bengal, Wire Brigade provides Systematic with an established
manufacturing base to cater more effectively to customers in Eastern India, complementing the
Company's existing pan-India manufacturing network.
1. Strategic Acquisition of Wire Brigade Industries Private Limited
The Board of Directors of Systematic has approved the acquisition of 100% equity shareholding of
Wire Brigade Industries Private Limited at a total consideration value of ₹ 21.50 Crore through a
combination of share swap and cash consideration.
As part of the proposed transaction:
• 9,42,600 equity shares of Systematic will be issued at ₹228 per share, aggregating to
approximately ₹21.49 crore, as consideration towards the share swap; and
• The balance consideration of ₹ 86,000 for the acquisition of the remaining 04 sell shares of
Wire Brigade will be paid in cash.
Upon completion of the transaction, Wire Brigade will become a 100% wholly owned subsidiary
of Systematic Industries Limited.
Wire Brigade – Business & Provisional Financial Snapshot | FY 2025-26
Particulars FY 2025-26
Business Activity Manufacturing of galvanized steel wire and strips
Revenue ₹109.75 crore
EBITDA ₹5.93 crore
PAT ₹2.14 crore
Manufacturing Capacity 24,000 MT p.a.
2. Expanding Systematic’s Manufacturing Footprint
The acquisition of Wire Brigade comes within two months of Systematic’s acquisition of the 48,000
MT per annum GI wire manufacturing facility at Siltara, Chhattisgarh further expanding the
Company’s manufacturing footprint across key regions of India.
With the addition of Wire Brigade, Systematic's manufacturing capacity is expected to increase
further:
Manufacturing Footprint Capacity
Existing Systematic capacity 1,00,000 MT
Siltara, Chhattisgarh 48,000 MT
Existing Wire Brigade capacity 24,000 MT
Total capacity post Wire Brigade acquisition 1,72,000 MT
This represents a significant expansion of Systematic's manufacturing platform, while adding a
strategically located manufacturing base in Eastern India.
3. ₹33.94 Crore Preferential Issue
In connection with the proposed acquisition and to strengthen the Company's capital base, the
Board has approved a preferential issue of 14,88,600 equity shares at ₹228 per share, aggregating
to approximately ₹33.94 crore.
The preferential issue comprises:
• 9,42,600 equity shares, aggregating to approximately ₹21.49 crore, to be issued towards
consideration for the acquisition of Wire Brigade through share swap; and
• 5,46,000 equity shares, aggregating to approximately ₹12.45 crore, to be subscribed for in
cash by identified investors.
Identified Investors:
The cash portion of the preferential issue includes participation from identified investors. The
complete list of allottees is available at [Outcome of Board Meeting].
The participation of identified investors provides additional capital to the Company alongside the
strategic integration of Wire Brigade.
4. Strategic Benefits
• Eastern India Manufacturing Presence: Wire Brigade's Howrah, West Bengal facility provides
Systematic with a manufacturing base in Eastern India, enabling the Company to cater more
efficiently to customers in the region.
• Expanded Manufacturing Platform: The acquisition takes Systematic's current
manufacturing capacity to approximately 1.72 lakh MT per annum.
• Pan-India Manufacturing Footprint: With manufacturing facilities across multiple regions,
Systematic is building a broader manufacturing network capable of supporting customers
across India.
• Capacity-led Growth: The addition of operating capacity, together with the ongoing
expansion at Wire Brigade, provides Systematic with additional headroom to cater to
increasing customer requirements.
• Integration of Promoter Group Business: The transaction brings Wire Brigade, an existing
Promoter Group business, into the listed Systematic platform and consolidates the
manufacturing operations under the listed entity.
5. Management Commentary
Mr. Siddharth Rajendra Agarwal, Managing Director, Systematic Industries Limited, said:
“The proposed acquisition of Wire Brigade Industries is an important step in expanding Systematic's
manufacturing footprint and strengthening our presence in Eastern India. The Howrah facility gives
us an established manufacturing base in a strategically important region and complements our
existing manufacturing network.
With the recent addition of the Siltara, Chattisgarh facility and the proposed integration of Wire
Brigade’s manufacturing facility in Howrah, West Bengal our manufacturing footprint continues to
expand. The additional capacity of Wire Brigade will provide us with greater capacity to serve our
customers and support the next phase of our growth.
This creates greater alignment within the Group and brings the Wire Brigade business into the listed
platform. We remain focused on disciplined capacity expansion, wider geographical reach and
building a stronger manufacturing platform for the long term.”
About Systematic Industries Limited
Founded in 2000, Systematic Industries Limited is a manufacturer of steel wires and specialised wire
solutions serving sectors including Power & Transmission, Infrastructure, Automobile, Agriculture
and Telecommunications. The Company manufactures products including steel wires, aluminium-
clad steel wires, Optical Fibre Cables (OFC) and Optical Ground Wires (OPGW). With a growing
manufacturing footprint and presence across multiple regions, Systematic is focused on expanding
its capacity, geographical reach and capabilities across its core businesses.
The Company has also been expanding its presence in newer infrastructure-linked products
including OPGW and OFC, alongside its established steel wire business.
Disclaimer
This document may contain certain forward-looking statements within the meaning of applicable securities laws and
regulations. These statements reflect the Company's current views, expectations, plans and assumptions regarding its
business, operations, financial performance, growth prospects and future developments. Such statements are subject
to various risks, uncertainties and assumptions and are not guarantees of future performance. Actual results,
performance or achievements may differ materially from those expressed or implied in such forward-looking statements
due to various factors, including changes in economic conditions, industry trends, government policies, regulations,
market conditions and other factors beyond the Company's c
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