Polyplex to acquire 51% stake in TechNova Printrite for ₹62 crore

Polyplex entered a definitive agreement to acquire a 51% majority stake in TechNova Printrite for ₹62.11 crore cash. With an enterprise value of ₹127.21 crore, this transaction targets the high-growth Digital Print Media sector. TechNova recorded ₹206.38 crore turnover in FY25. This move reduces reliance on cyclical packaging while expanding into value-added niche segments.