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Scrip Code: 522004
23-06-2026
Dear Sir / Madam,
Subject: Press release on acquisition of Penta Automation Systems Private Limited and Pats
Robotics Private Limited
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are forwarding herewith a copy of
press release on acquisition of Penta Automation Systems Private Limited and Pats Robotics Private
Limited
The same is also available on the Company’s website at http://www.batliboi.com/ in compliance with
Regulation 46 of the SEBI Listing Regulations.
Yours faithfully,
For Batliboi Limited
Pooja Sawant
Company Secretary
ACS 35790
Place: Mumbai
Encl: As above
Batliboi Limited Accelerates Growth Strategy with Acquisition of
Penta Automation Systems Private Limited and Pats Robotics Private
Limited
Mumbai, June 23, 2026 — Batliboi Limited (BSE: 522004) (“Batliboi” or the “Company”), a reputed
engineering company with a strong legacy in machine tools, air engineering, textile machinery, and
environmental engineering, today announced that its Board of Directors has approved the acquisition of
100% of the equity share capital of Penta Automation Systems Private Limited (“Penta”), a profitable
specialized provider of customized industrial automation solutions and robotics integration services for
manufacturing industries. As part of acquisition of Penta, Batliboi will also indirectly acquire through
Penta, Pats Robotics Private Limited (“PAtS”), a group company of Penta which is engaged in the same
line of business.
These acquisition, valued at INR 20 crore, marks an important step in Batliboi’s growth journey and
strengthens its presence in the rapidly expanding industrial automation and robotics segment.
Transaction Overview
The acquisition of Penta is valued at INR 19.8 crore, implying a per-share value of INR 180.98 for shares
with a face value of Rs. 10 each. Batliboi will acquire 100% of Penta’s equity share capital, comprising
10,94,200 equity shares, through a combination of upfront and deferred consideration.
At closing, Batliboi will acquire an 80% stake in Penta for an upfront cash consideration of INR 15.84
crores. The remaining 20% stake will be acquired through a deferred consideration mechanism of INR
3.96 crores, payable in five equal annual instalments beginning April 1, 2027.
The shares are being acquired from Penta’s existing shareholders, comprising Manders Industries B.V.,
Netherlands, which holds a 49% stake, and the Company’s founders, Mr. Dharmesh Mistry and Ms. Avani
Mistry, who collectively hold the remaining 51% stake. Following completion of the transaction and
payment of the deferred consideration, Penta will become a wholly owned subsidiary of Batliboi Limited.
As part of the transaction, PAtS will become a wholly owned subsidiary of Penta before the acquisition is
completed and INR 0.2 Cr will be funded by Batliboi to Penta for such acquisition on Closing.
Consequently, upon closing, PAtS will become an indirect wholly owned subsidiary of Batliboi Limited
through Penta. PAtS reported revenue from operations of INR 3.61 crores in FY2025-26. The combined
revenue of the Penta Group for FY2025-26 was Rs. 25.17 crores.
Founders Mr. Dharmesh Mistry and Mrs. Avani Mistry will continue to lead operations of Penta under the
management and control of Batliboi Limited by way of employment by Penta for the said period of 5
years and drive its next phase of growth by leveraging Batliboi’s broad customer network and financial
strength.
The acquisition is expected to be completed on or before July 31, 2026, subject to the satisfaction or
waiver of customary conditions precedent under the definitive transaction agreements.
About Penta and PAtS
Penta Automation Systems Private Limited (“Penta”) and PAtS Robotics Private Limited (“PAtS”), provide
customized industrial automation solutions and robotics integration services for manufacturing
industries. Headquartered in Umbergaon, Gujarat, Penta designs and delivers automation systems that
help manufacturers improve productivity, efficiency, and operational reliability.
Over the years, they have built a strong track record in delivering tailored automation solutions across a
range of industrial applications. They have demonstrated consistent profitable growth, with revenue from
operations increasing from INR 20.31 crores in FY2023-24 to INR 19.93 crores in FY2024-25 and INR
25.17 crores in FY2025-26.
Strategic Rationale
The acquisition supports Batliboi’s strategic growth objectives and expansion plans.
1. Entry into High-Growth Segment: Establishes Batliboi's presence in the industrial automation and
robotics integration segment, a rapidly expanding area within advanced manufacturing.
2. Complementary Capabilities: The acquisition adds automation and robotics expertise that
enhances and complements the Company's existing capital goods and machine tools businesses.
3. Business Diversification and Growth: Penta brings deep automation expertise, proven execution
capabilities, and consistent revenue growth from blue-chip customers, strengthening Batliboi’s
position in a high-growth market.
4. Long-term Value Creation: The acquisition is expected to create long-term value for customers and
shareholders, since it is profitable and in high growth market.
Comment From the Management
"The acquisition of profitable Penta Group marks an important step
in Batliboi's strategic evolution and reinforces our commitment to
building a future-ready engineering business.
Penta has developed strong capabilities in customized automation
solutions and earned a reputation for technical excellence and
customer-centric execution with blue-chip customers, including SKF,
Tenneco, Schaeffler, and Siemens. We believe Penta’s expertise
complements Batliboi’s long-standing presence in the manufacturing
ecosystem and creates opportunities to offer customers a broader
range of technology-driven solutions.
We are pleased to welcome the Penta team, including its
Nirmal Bhogilal founders, to the Batliboi family and look forward to working
closely with them to expand our automation capabilities, drive
Chairman of Batliboi Ltd
innovation, and create lasting value for all stakeholders."
About Batliboi Limited
Batliboi Limited is a diversified business house with a strong presence in Machine Tools, Air Engineering,
Textile Machinery, and Environmental Engineering in India and a global presence in Machine Tools
through its earlier acquisition of QuickMill, Canada. The Company is committed to driving growth through
strategic acquisitions and organic expansion while maintaining operational excellence and creating
stakeholder value.
Katalyst Advisors LLP acted as the structuring, due diligence, and implementation advisor to Batliboi
Limited.
For More Information, Please Contact:
Ms. Pooja Sawant
Company Secretary & Compliance Officer
Batliboi Limited
Ms. Saloni Ajmera/ Selina Sheikh
Investor Relations
Go India Advisors
saloni@GoIndiaAdvisors.com /selina@GoIndiaAdvisors.com
Disclaimer
The document contains forward-looking statements based on current expectations and assumptions. Actual
results may differ materially due to various risks and uncertainties. The company does not undertake any
obligation to update such forward-looking statements. This press release is for informational purposes only
and does not constitute an offer to sell or a solicitation to buy any securities. The acquisition is subject to the
conditions mentioned in the definitive agreements and regulatory requirements.