5322592026-10-305322592026-10-302026-10-30iso4217:INRxbrli:pure532259APAR INDUSTRIES LIMITEDAPARINDSNOTLISTEDINE372A01015NewAcquisition (including agreement to acquire)false2026-10-3012:47:002026-10-30Petroleum Specialities Pte Ltd. (PSPL)SubsidiaryHebei Jinghuan Cable Co. Ltd. (Hebei)0-700000503600000falsefalsetrueManufacturing of overhead conductors for power transmission and power distribution networksAPAR Industries intends to diversify its manufacturing presence for aluminium overhead conductors across geographies. APAR Industries, through its wholly owned subsidiary, will acquire 70% stake in the target company. The Target company will operate as an 100% exports focused enterprise.YesNecessary compliances / approvals under purview of Foreign Exchange Management Act, 1999 and Registration under State Administration of Foreign Exchange (SAFE) other pre/post closing obligations and acts to the extent applicable shall be complied in due course.trueSubject to fulfillment of criteria laid down under the Agreement the Acquired Equity Interest will be paid in cash and in installments. The first installment of 30% of Purchase price within 7 business days of Closing Date and remaining 70% amount will be deposited in an Escrow account. This balance 70% consideration amount will be released from the Escrow account only after fulfillment of agreed conditions by Seller. Both the parties shall enter into an Escrow account agreement along with Escrow bank for the purpose of holding the final instalment payment amountCash355000000Equivalent to 70% of the Net Asset Value of target entity as on the transaction Closing date. The estimated purchase price as of Closing date is RMB 24.85 million at a P/B of 1x3550000000Hebei Jinghuan Cable Co. Ltd is a non-operating entity as on date. It will mainly operate in the business of exporting overhead conductors. Its Assets as on closing date of transaction will be mainly represented by Bank balances (95%), machinery & equipments (5%).People’s Republic of China