GMM Pfaudler trades higher on entering into agreement to acquire SEMCO
GMM Pfaudler is currently trading at Rs. 1257.50, up by 16.50 points or 1.33% from its previous closing of Rs. 1241.00 on the BSE.
The scrip opened at Rs. 1226.15 and has touched a high and low of Rs. 1281.75 and Rs. 1226.15 respectively. So far 12142 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1530.80 on 28-Aug-2024 and a 52 week low of Rs. 953.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1281.75 and Rs. 1181.80 respectively. The current market cap of the company is Rs. 5668.21 crore.
The promoters holding in the company stood at 25.18%, while Institutions and Non-Institutions held 36.17% and 38.65% respectively.
GMM Pfaudler through its wholly owned subsidiary Pfaudler, Brazil has entered into an agreement on July 3, 2025 (Brasilia Time), to acquire 100% share capital of SEMCO Tecnologia em Processos, Brazil (SEMCO).
The addition of SEMCO will strengthen GMM Pfaudler’s Mixing technologies platform and give access to the rapidly growing markets in South America. The acquisition price is $18.5 million (Rs 158 crore) on a cash and debt free basis. The said acquisition is expected to be completed in Q2 FY26.
GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the chemical, pharmaceutical, food, and energy sectors to organizations around the globe.
