04-Nov-2026 14:13:09

EXICOMAcquisition and merger

EXICOM : TO DIVEST TRITIUM BUSINESS AT $85 MN ENTERPRISE VALUE

• Board approved sale of entire stake in Exicom Power Solutions B.V. (Netherlands), a material subsidiary, or its Tritium units in US, Netherlands, Australia and UK • Non-binding term sheet from a prospective acquirer at indicative enterprise valuation of USD 85 million on cash-free, debt-free basis • Exicom B.V. contributed FY26 turnover of ₹204.35 Cr (17.74% of consolidated) and net worth of ₹168.86 Cr (25.93%), with loss contribution of ₹291.63 Cr • Deal subject to due diligence, definitive documents, postal ballot shareholder approval and regulatory nods; completion targeted within current fiscal • Q2 consolidated revenue up 30% YOY at ₹366.35 Cr; net loss narrowed to ₹56.78 Cr from ₹68.81 Cr (YOY) and ₹73.57 Cr (QOQ)

Exicom Tele-Systems Ltd

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