23-Jun-2026 12:36:15

MAXIMUSAcquisition and merger

MAXIMUS INTERNATIONAL : ACQUIRES 40% STAKE IN LUBRICANTS FIRM

• Agreement signed for acquisition of 40% stake in M/s. Quebec Petroleum Resources Limited (Quebec). • Quebec is a Vadodara-based company engaged in Lubricants Manufacturing & Petroleum Products Distribution. • The company has been operating in the Indian market for over twenty years. • The share purchase agreement was executed on Tuesday, June 23, 2026. • The transaction is being undertaken on an arm's length basis. • Mr. Aniruddh Gandhi, a Non-Executive and Non-Independent Director, is a related party.

Maximus International Ltd

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