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Rajoo Engineers Shares Gain 3.6% After Signing Definitive Agreement for Strategic Acquisition

By Shishta Dutta | Published at: Sep 11, 2025 11:53 AM IST

Rajoo Engineers Shares Gain 3.6% After Signing Definitive Agreement for Strategic Acquisition
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Rajkot, September 11, 2025: Shares of Rajoo Engineers Limited (NSE: RAJOOENG, BSE: 522257) surged 3.56% in early trade today. The rise came after Rajoo announced that it had signed a Definitive Agreement on September 10, 2025, to pursue an acquirer’s acquisition to facilitate its inorganic growth strategy.

Headquartered in Rajkot, Gujarat, and founded in 1986, Rajoo Engineers Limited is a major manufacturer of extrusion machinery. The company is listed on both the NSE and the BSE and became a public company on May 29, 2025. The company operates under the Industrial Products product segment.

Rajoo Engineers Sets 30-Day Timeline For Acquisition Deal

Rajoo Engineers indicated that the transaction would take cash consideration and that completion is expected within 30 days from the date of this announcement. Although the company did not reveal the name of the target business, it is in the machine manufacturing space.

Information regarding acquisition cost and shareholding will be released when the transaction closes. They also confirmed that no regulatory approvals are necessary, and the acquisition is not a related party transaction. The promoter group’s interests are not involved, again proving that the transaction is purely a business expansion strategy.

Acquisition To Strengthen Value Chain, Investors React Positively

The acquisition seeks to bolster Rajoo Engineers’ value chain solutions. Rajoo Engineers aims to strengthen its market presence in the industrial products sector through targeted investments. Moreover, Rajoo Engineers seeks to maximize the benefits of this strategic agreement and provide end-to-end solutions across its value chain. Investors have reacted positively to this transaction and have regarded the agreement as a substantial move to accelerate the company’s organic growth and increase its competitiveness in the long term.

Rajoo Engineers Trades Volatile, Market Cap At ₹1,839 Crore

As of 11:20 am IST, the share price of the company was ₹98.31, a gain of ₹0.95 (0.96%) from the previous close of ₹99.26. The share opened at 101.48 and has its intraday high/low in the range of ₹103.69 and ₹98.17 so far. The company has had significant volatility this year with a 52-week high of ₹145.88 on July 16, 2025, and a 52-week low of ₹94.25 on September 9, 2025. The company’s free float market capitalisation is ₹722.08 crore. Approximately 1.01 lakh shares were traded in the morning session, and the market capitalisation of the company was ₹1,839.46 crore.

This Definitive Agreement has bolstered investor confidence and is likely to allow Rajoo Engineers to diversify its industrial activity. If properly executed, the acquisition offers the opportunity to create synergies, expand market presence, and ultimately create value for its shareholders.

REF: https://nsearchives.nseindia.com/corporate/RAJOO_10092025154147_Intimation_of_signing_of_Definitive_Agreement.pdf

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