Euro Pratik Sales Closed Over 7 Percent as Board Approves ₹76.5 Crore Acquisition and Overseas Investment Plan

Mumbai, November 17, 2025: Euro‍‌‍‍‌‍‌‍‍‌ Pratik Sales Limited share price (NSE: EUROPRATIK) share price jumped more than 7% in a single session, driven by strong buying interest after the company announced board approval of a ₹76.5 crore acquisition along with an overseas investment plan, boosting investor confidence.

Since its listing on NSE in September 2025, Euro Pratik Sales Limited has become a publicly traded company operating in the furniture, home décor, and decorative surface materials segment, serving both domestic and international customers.

Market Reaction to Strategic Approvals

The stock’s sharp rise follows the board’s approval of strategic expansion plans. Central to this is a ₹76.5-crore investment to acquire a 51% stake in Bengaluru-based Uro Veneer World, a manufacturer of wall panels, laminates, and veneer products. Of this, ₹66.3 crore will buy existing partner stakes, while ₹10.2 crore will be issued as fresh capital. With revenue growing from ₹28.38 crore in FY23 to ₹51.24 crore in FY25, Uro Veneer World demonstrates steady growth. The acquisition enables Euro Pratik to integrate upstream operations and expand into the decorative retail segment.

The Overseas Investment

The board also approved an additional AED 10,00,000 investment in Euro Pratik Trade FZCO, the company’s UAE subsidiary. Post-investment, Euro Pratik will hold a 75% stake, with Mr. Sandip Singhvi retaining 25%. The subsidiary, engaged in wall panels and laminates, generated ₹46.22 million in turnover in FY25 and is expected to benefit significantly from the capital infusion as it expands regional operations.

REF: https://nsearchives.nseindia.com/corporate/EUROPRATIK2025_17112025104755_outcome1711.pdf

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