Oriental Trimex (ORIENTALTL) — Announcement

📢 Key Event
Oriental Trimex acquires 51% stake in Jaydev Granites

💡 Investor Takeaway
The acquisition introduces a new granite and marble business line with no immediate revenue impact.

Oriental Trimex Limited announced on July 16, 2026 that it has acquired a 51% stake in Jaydev Granites, a newly incorporated Odisha-based partnership firm yet to commence operations. The acquisition aims to diversify into granite and marble mining and trading, with the initial capital contribution of ₹51,000 infused as cash. This strategic move marks the company's entry into a new vertical outside its core business, supported by no regulatory approvals required.

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About Oriental Trimex Limited (ORIENTALTL)

Services · Trading · Listed on NSE

Market Cap: ₹36.46 Cr P/E: 11.8 ROE: 2.1% ROCE: 3.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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