BSECompany Update4d ago · 12 Oct 2026, 08:41 am
Intimation for acquisition of Radiotone.
Lords Mark Industries Ltd · 501261
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Lords Mark Industries Ltd has acquired Radio Electric Private Ltd, a company with 87 years of manufacturing legacy, to strengthen its electrical manufacturing and engineering capabilities. The acquisition brings in established relationships with blue-chip customers, export capabilities, and significant manufacturing capacity.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Lords Mark Industries Ltd - 501261 - Announcement under Regulation 30 (LODR)-Acquisition
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Lord’s Mark Industries Limited
\ I Reg. Add.: B-101 Riddhi Siddhi Complex, M.G. Road, Borivali (E), Mumbai - 400 066
Corp. Add.: 201, 2n Dosti Pinnacle, Above New Passport Office, Road No. 22,
Wagle Estate, Thane West, Maharashtra - 400604.
Tel.: 022 44504923, Email: info@lordsmark.com, compliances@lérdsmark.com
Website: www.lordsmark.com, CIN No.: L35103MH1979PLC021614
Date: 12.10.2026
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai — 400001
Scrip Code: 501261
Subject: Intimation titled “The acquisition of Radiotone strengthens Lord’s Mark
Industries Limited with specialised transformer technology, established blue-chip
clientele, export capabilities, and substantial manufacturing capacity”.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find attached herewith the intimation titled “The acquisition of
Radiotone strengthens Lord’s Mark Industries Limited with specialised transformer technology,
established blue-chip clientele, export capabilities, and substantial manufacturing capacity”.
Yours faithfully,
For Lord's Mark Industries Limited
(Formerly known as Lords=tdack India Limited and Kratos Energy & Infrastructure Limited)
Sachidanand Hariram Upadhyay
Managing Director
DIN: 01631728
@ LordsMed | Lord’s Renal I +Lgrq:§
Lord’s Mark Industries Limited
\ I Reg. Add.: B-101 Riddhi Siddhi Complex, M.G. Road, Borivali (E), Mumbai - 400 066
Corp. Add.: 201, 2nd Fi8dH, Bosti Pinnacle, Above New Passport Office, Road No. 22,
Wagle Estate, Thane West, Maharashtra - 400604.
Tel.: 022 44504923, Email: info@lordsmark.com, compliances@lordsmark.com
Website: www.lordsmark.com, CIN No.: L35103MH1979PLC021614
Lord’s Mark Industries Limited Acquires Radio Electric Private Limited, Combinin,
Engineering Heritage with New Growth Opportunities
* Acquisition of Radiotone brings specialised transformer technology, blue-chip customer
relationships, export capabilities and significant untapped manufacturing capacity into Lord’s
Mark Industries Limited
Lord’'s Mark Industries Limited has acquired Radio Electric Private Limited, the company
behind the established Radiotone brand, as part of its strategic expansion into specialised
electrical manufacturing and engineering. The acquisition has been undertaken under Lord’s
Mark Industries Limited's Lighting & Energy Division. The acquisition marks a strategic
expansion of Lord’s Mark Industries Limited into specialised electrical manufacturing and
strengthens its vision of building a diversified, technology-led Indian enterprise through the
acquisition and scaling of established businesses with strong technical capabilities and long-
term growth potential.
Founded in 1939, Radio Electric Private Limited brings nearly nine decades of engineering
and manufacturing heritage, while the Radiotone brand has been established since 1980. The
company specialises in variable autotransformers (Variacs) and toroidal transformers, with
products largely manufactured to customer-specific requirements. ts portfolio includes three-
phase air-cooled Variacs ranging up to 1,000 A, three-phase oilcooled Variacs ranging up to
2,00A0, double-layer Variacs and tailor-made single-phase toroidal transformers ranging from
30 VA to 20 kVA. The company also manufactures specialised variable transformers, AC
power sources, voltage isolation transformers, variable inductors and chokes. radioelectric.in
Engineering expertise built over decades
Akey strength of Radio Electric Private Limited is its specialised design know-how in a niche
segment where technical expertise and reliability are critical. The company pioneered its
double-layer Variac design in 1979-80, which went on to become widely used by servo
stabiliser manufacturers. Its high-current manufacturing capability, particularly in three-phase
air- and oil-cooled Variacs, represents a specialised engineering capability that is difficult to
replicate quickly.
The company has also developed customised solutions for demanding applications. Its
isolated double-wound variable transformer, for instance, integrates variable voltage control
and isolation into a single transformer configuration, reflecting the company's emphasis on
solving specific customer engineering requirements. radioelectric.in
A strategic acquisition built on proven capabilities
The transaction brings together Radio Electric Private Limited’s 87-year manufacturing legacy,
the established Radiotone brand, specialised transformer design expertise and high-current
manufacturing capabilities with Lord’s Mark Industries Limited’s growth-oriented business
platform. The acquisition gives Lord’s Mark Industries Limited access to a profitable, debt-free
operating business with established relationships across approximately 40-50 customers,
including blue-chip industrial names, repeat export customers across seven international
markets, a trained technical workforce and an established vendor ecosystem. With the existing
manufacturing facility currently operating at approximately 50% of machine capacity on a
mLordsMed
| Lord'sRenal
| .'I.-prgds.
single shift, Lord’s Mark Industries Limited also gains significant headroom to scale production
without immediate large capital expenditure.
A profitable business with sig ant capacity upside
The acquisition provides Lord’s Mark Industries Limited with an established operating
manufacturing business rather than a greenfield investment. Radio Electric Private Limited
has demonstrated consistent profitability, operates as a debt-free business, and brings an
established customer base, export presence and proven manufacturing capabilities to Lord’s
Mark Industries Limited. The company's existing manufacturing infrastructure presents
significant scope for enhanced capacity utilisation and production expansion through
operational efficiencies and the introduction of additional shifts. With the right marketing
strategy, improved utilisation and focused business development, the company is well
positioned to scale its operations significantly and build a business with the potential to achieve
revenues running into hundreds of crores in the coming years.
Strong customer relationships and an established export footprint
Radio Electric Private Limited has developed a steady customer base of approximately 40—
50 businesses, with long-standing relationships including Siemens Limited, Hitachi Hi-Rel
Power Electronics Private Limited, Larsen & Toubro Limited, Bharat Bijlee Limited, Aplab
Limited, Underwriters Laboratories India Private Limited and Intellux Electronics Private
Limited.
The company's customer base has been built largely through engineering reputation, referrals
and repeat business, creating an opportunity for Lord’s Mark Industries Limited to now
complement this organic customer acquisition model with a structured sales and marketing
strategy.
Radio Electric Private Limited also has repeat export customers across seven countries,
including markets in Europe, the United States, Canada, South Africa, Dubai and the
Philippines. This existing international base provides Lord’s Mark Industries Limited with a
platform to deepen exports and pursue additional opportunities across Europe, North America,
the Middle East and Africa.
Unlocking the next phase of growth
Following the acquisition, Lord’s Mark Industries Limited plans to build on Radio Electric
Private Limited's established strengths through a more structured domestic and international
growth strategy. This includes strengthening the sales organisation, developing dealer
networks in key industrial clusters, expanding OEM engagement, participating in relevant
industrial exhibitions and enhancing the company's digital presence.
The company also sees an opportunity to broaden its customer base beyond servo voltage
stabiliser manufacturers to include test and measurement laboratories, educational
institutions, research and development centres, electrical origi
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